The Impact of the Global Crisis on Canada-What Do Macro-Financial Linkages Tell Us? /

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'...

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Bibliographic Details
Main Author: Duttagupta, Rupa
Other Authors: Barrera, N.
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/005
Online Access:Full text available on IMF