SHARE   Share on Twitter Share on Facebook Email

Parsing Shocks: Real-Time Revisions to Gap and Growth Projections for Canada

The output gap—the deviation of output from potential output—has played an important role in the conduct of monetary policy in Canada. This paper reviews the Bank of Canada’s definition of potential output, as well as the use of the output gap in monetary policy.

Read Full Text


Recently Viewed Series


Subscribe to our newsletter for updates on published research, data news, and latest econ information.
Name:   Email:  
Twitter logo Google Plus logo Facebook logo YouTube logo LinkedIn logo