A blueprint for the fourth generation of Bank of Canada projection and policy analysis models / by Don Coletti. : FB3-6/2023-23E-PDF
"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.
Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.929017&sl=1
| Ministère/Organisme | Bank of Canada, issuing body. |
|---|---|
| Titre | A blueprint for the fourth generation of Bank of Canada projection and policy analysis models / by Don Coletti. |
| Titre de la série | Staff discussion paper = Document d'analyse du personnel, 1914-0568 ; 2023-23 |
| Type de publication | Série - Voir l'enregistrement principal |
| Langue | [Anglais] |
| Format | Électronique |
| Document électronique | |
| Note(s) | "Last updated: October 12, 2023." Cover title. Includes bibliographical references. |
| Information sur la publication | [Ottawa] : Bank of Canada = Banque du Canada, 2023. ©2023 |
| Auteur / Contributeur | Coletti, Don, author. |
| Description | 1 online resource (i, 26 pages) : charts, illustrations. |
| Numéro de catalogue |
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| Descripteurs | Monetary policy -- Canada. Politique monétaire -- Canada. |
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