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Monetary policy transmission amid demand reallocations / Julien Bengui, Lu Han and Gaelan MacKenzie.FB3-5/2024-42E-PDF

"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.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.950367&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleMonetary policy transmission amid demand reallocations / Julien Bengui, Lu Han and Gaelan MacKenzie.
Series title
  • Staff working paper = Document de travail du personnel, 1701-9397 ; 2024-42
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • ISSN assigned to different series.
  • "Last updated: October 25, 2024."
  • Includes bibliographical references (page 27).
  • Includes abstract in French.
Publishing information
  • [Ottawa] : Bank of Canada = Banque du Canada, 2024.
  • ©2024
Author / Contributor
  • Bengui, Julien, author.
Description1 online resource (ii, 44 pages) : graphs.
Catalogue number
  • FB3-5/2024-42E-PDF
Subject terms
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