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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| Format: | Revija |
| Jezik: | English |
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Washington, D.C. :
International Monetary Fund,
2010.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2010/005 |
| Online dostop: | Full text available on IMF |