Canada: Selected Issues
Electronic Access:
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Summary:
The spillovers from the U.S. economy to Canada have been assessed. It uses structural vector autoregressions to analyze the role of financial linkages in real and financial spillovers from the United States to Canada. The implications of Canada’s predictable price level have been analyzed. Innovative small and medium-size enterprises have significantly greater difficulty in obtaining financing, reflecting reluctance by the banks to price risk. Canada has sufficiently flexible labor markets to absorb significant sectoral shocks without creating a high level of frictional unemployment.
Series:
Country Report No. 2008/070
Subject:
Banking Financial sector policy and analysis Inflation Inflation targeting Labor Labor markets Monetary policy Mortgages Prices Spillovers
English
Publication Date:
February 25, 2008
ISBN/ISSN:
9781451807066/1934-7685
Stock No:
1CANEA2008005
Pages:
20
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