Canada: Selected Issues
Summary:
This Selected Issues paper addresses some of the key policy and economic challenges facing the Canadian economy. The paper presents a new approach to predicting the business cycle in the context of the Canadian economy. This approach uses a range of parametric and nonparametric tests to gauge the ability of various indicators to predict turning points in the business cycle. The paper also presents a model that links the inflation rate to the business cycle and the rates of change in the exchange rate and in unit labor costs.
Series:
Country Report No. 1996/038
Subject:
Balance of payments Current account Cyclical indicators Disposable income Economic growth Financial services Inflation National accounts Prices Yield curve
Notes:
This report was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.
English
Publication Date:
June 18, 1996
ISBN/ISSN:
9781451806830/1934-7685
Stock No:
1CANEA0011996
Pages:
168
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