00000nam 2200000zi 4500 9.929017 CaOODSP 20231018133022 m o d f cr |n||||||||| 231018t20232023oncda ob f|0| 0 eng d CaOODSP eng rda CaOODSP n-cn--- FB3-6/2023-23E-PDF Coletti, Don, author. A blueprint for the fourth generation of Bank of Canada projection and policy analysis models / by Don Coletti. [Ottawa] : Bank of Canada = Banque du Canada, 2023. ©2023 1 online resource (i, 26 pages) : charts, illustrations. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff discussion paper = Document d'analyse du personnel, 1914-0568 ; 2023-23 "Last updated: October 12, 2023." Cover title. Includes bibliographical references. "This paper outlines a strategic plan for the development of the fourth generation of Bank of Canada projection and policy analysis models. The plan features a new Canadian workhorse macroeconomic model as well as a suite of alternative models to better support a risk management approach to monetary policy. This new generation of models seeks to improve our understanding of inflation dynamics, the supply side of the economy and the underlying risks faced by policy-makers coming from uncertainty about how the economy functions. New approaches for dealing with idiosyncratic trends in the data and for leveraging the power of large data sets will be employed"--Abstract. Monetary policy Canada. Politique monétaire Canada. Bank of Canada, issuing body. Staff discussion paper (Bank of Canada) 1914-0568 ; 2023-23. (CaOODSP)9.806273 PDF 776 KB https://publications.gc.ca/collections/collection_2023/banque-bank-canada/FB3-6-2023-23-eng.pdf