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Sequencing extended monetary policies at the effective lower bound / by Yang Zhang, Lena Suchanek, Jonathan Swarbrick, Joel Wagner and Tudor Schlanger.: FB3-6/2021-10E-PDF

"In response to the global COVID-19 pandemic, the Bank of Canada aggressively lowered its policy interest rate and provided additional easing using forward guidance and quantitative easing. In this analysis, we use simulations in the Bank of Canada’s projection model—the Terms-of-Trade Economic Model—to consider a suite of extended monetary policies (EMPs) to support the economy following the COVID-19 crisis"--Abstract.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.903212&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleSequencing extended monetary policies at the effective lower bound / by Yang Zhang, Lena Suchanek, Jonathan Swarbrick, Joel Wagner and Tudor Schlanger.
Series title
  • Staff discussion paper = Document d'analyse du personnel, 1914-0568 ; 2021-10
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • "Last updated: July 15, 2021."
  • Includes bibliographical references (pages 22-25).
  • Includes abstract in French.
Publishing information
  • Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2021.
  • ©2021
Author / Contributor
  • Zhang, Yang, author.
Description1 online resource (ii, 27 pages) : charts.
Catalogue number
  • FB3-6/2021-10E-PDF
Subject terms
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