The Impact of the Global Crisison Canada: What Do Macro-Financial Linkages Tell Us?
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Beteilige Person: Duttagupta, Rupa (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 2010
Schriftenreihe:IMF Working Papers Working Paper No. 10/5
Links:http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
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http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
http://elibrary.imf.org/view/IMF001/10635-9781451961751/10635-9781451961751/10635-9781451961751.xml
Abstract:This paper builds a Bayesian VAR estimation model of growth for Canada, by focusing specifically on the role of external and domestic financial indicators, including credit conditions. A variance decomposition shows that financial conditions explain one-third of the total variability in Canada''s real GDP growth, although changes in U.S. real GDP growth still account for a larger share of volatility in Canadian growth. A macro-financial conditions index built from the VAR''s impulse responses shows that U.S. real GDP growth and lending standards will increasingly bear on Canada''s growth, implying that a normalization of the U.S. economic and financial conditions is key for a sustained recovery in Canada
Umfang:1 Online-Ressource (19 p)
ISBN:1451961758
9781451961751