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| 02486cam 2200421zi 4500 |
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| 001 | 9.943973 |
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| 003 | CaOODSP |
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| 005 | 20241009133349 |
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| 006 | m o d f |
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| 007 | cr mn||||||||| |
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| 008 | 241009t20242024onca ob f000 0 eng d |
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| 040 | |aCaOODSP|beng|erda|cCaOODSP |
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| 041 | 0 |aeng|beng|bfre |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-6/2024-7E-PDF |
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| 100 | 1 |aGnocchi, Stefano, |eauthor. |
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| 245 | 14|aThe output-inflation trade-off in Canada / |cby Stefano Gnocchi, Fanny McKellips, Rodrigo Sekkel, Laure Simon, Yinxi Xie and Yang Zhang. |
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| 264 | 1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2024. |
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| 264 | 4|c©2024 |
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| 300 | |a1 online resource (ii, 41 pages) : |bcolour illustration. |
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| 336 | |atext|btxt|2rdacontent |
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| 337 | |acomputer|bc|2rdamedia |
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| 338 | |aonline resource|bcr|2rdacarrier |
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| 490 | 1 |aStaff discussion paper = |lDocument d'analyse du personnel, |y1914-0568 ; |v2024-7 |
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| 500 | |aISSN assigned to different series. |
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| 500 | |a"Last updated: July 2, 2024." |
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| 504 | |aIncludes bibliographical references (pages 36-41). |
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| 520 | 3 |a"We explain how the Bank of Canada's policy models capture the trade-off between output and inflation in Canada. We start by briefly revisiting the determinants of the New Keynesian Phillips curve. Next, we provide an overview of the Phillips curves that are currently embedded in the two main policy models the Bank uses for macroeconomic projections and analysis, known for short as ToTEM and LENS. We then discuss the challenges in identifying the trade-off between output and inflation and provide new estimates of the trade-off using recently proposed methods. Finally, we contrast these estimates with the ones in the Bank's policy models"--Abstract, page ii. |
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| 546 | |aIncludes abstracts in English and French. |
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| 650 | 0|aInflation (Finance)|zCanada|xEconometric models. |
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| 650 | 0|aInput-output analysis|zCanada|xEconometric models. |
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| 650 | 0|aMonetary policy|zCanada|xEconometric models. |
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| 650 | 6|aInflation|zCanada|xModèles économétriques. |
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| 650 | 6|aAnalyse input-output|zCanada|xModèles économétriques. |
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| 650 | 6|aPolitique monétaire|zCanada|xModèles économétriques. |
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| 710 | 2 |aBank of Canada, |eissuing body. |
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| 830 | #0|aStaff discussion paper (Bank of Canada)|v2024-7.|w(CaOODSP)9.806273 |
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| 856 | 40|qPDF|s695 KB|uhttps://publications.gc.ca/collections/collection_2024/banque-bank-canada/FB3-6-2024-7-eng.pdf |
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