00000nam 2200000zi 4500 9.950367 CaOODSP 20250423120448 m o d f cr mn||||||||| 250411t20242024oncd ob f|0| 0 eng d CaOODSP eng rda CaOODSP eng eng fre n-cn--- FB3-5/2024-42E-PDF Bengui, Julien, author. Monetary policy transmission amid demand reallocations / Julien Bengui, Lu Han and Gaelan MacKenzie. [Ottawa] : Bank of Canada = Banque du Canada, 2024. ©2024 1 online resource (ii, 44 pages) : graphs. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2024-42 ISSN assigned to different series. "Last updated: October 25, 2024." Includes bibliographical references (page 27). "Large swings in the expenditure shares of goods and services at the start of the pandemic have contributed to the inflation surge, posing new challenges for monetary policy. Using a multisector model featuring upward labor adjustment frictions, we analyze the transmission of monetary policy during a demand reallocation episode, focussing on sectoral heterogeneity in inflation and output responses"--Abstract, page ii. Includes abstract in French. Monetary policy Economic aspects Canada. Demand (Economic theory) Forecasting. Inflation (Finance) Canada. Politique monétaire Aspect économique Canada. Demande (Théorie économique) Prévision. Inflation Canada. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 2024-42. (CaOODSP)9.806221 PDF 1.01 MB https://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-5-2024-42-eng.pdf