Category: Economics
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Impact of Trump Tariffs on Canada’s Economy

The Conference Board of Canada’s report analyzes the economic fallout from proposed U.S. tariffs on Canadian imports. It predicts a 1.3% GDP decline nationally by 2025, with significant job losses and rising inflation. Provinces like Alberta, Saskatchewan, Ontario, and Quebec will face notable reductions in GDP due to various sector impacts.
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Analyzing Monetary Policy Perspectives in USA and Canada: Insights and Recommendations
Abstract The recent monetary policy statements from the Bank of Canada (BoC) and the Federal Reserve serve as vital indicators of the current economic landscape. This analysis breaks down the perspectives of both central banks, emphasizing their strategies amidst varying economic conditions. While the BoC maintains a cautious stance, the Fed anticipates potential rate adjustments…
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CPE Certificate

Just received my CPE Certificate for the course ‘Bay Area Economic Update Series: Cash Management in the Current Economy.’ 🎉 Grateful for the opportunity to enhance my professional skills and earn Continuing Professional Education (CPE) credit. Thank you to all involved! #CPE #ProfessionalDevelopment
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Navigating the Inflation Conundrum: Central Banks’ Agonizing Choices and the Implications for Financial Markets

The key concepts discussed in the article “The trouble with sticky inflationInvestors must prepare for sustained higher inflationThe costs of taming price rises could prove too unpalatable for central bank” Overall, the article highlights the complex challenges and potential consequences associated with managing inflation and making choices in the current economic climate. https://www.economist.com/leaders/2023/06/22/investors-must-prepare-for-sustained-higher-inflation
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The Equation Object: Examining Equation Outputs’ Results in EViews

Panel 1 contains information on the inputs for the regression; Panel 2 has the estimated coefficients and other statistics that let you assess their significance; and Panel 3 contains summary statistics for the estimated regression. For Panel 1: For Panel 2: For Panel 3:
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Why the Widening Gap Between US and Canadian Policy Rates Can Impact the Value of the Loonie

The original question asked why the widening gap between US and Canadian policy rates can cause the loonie to fall and lose its value against the US dollar. The answer explains that this can occur due to a combination of factors, including interest rate differentials, capital flows, and trade. When the US Federal Reserve raises…
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The Consequences of Elevated Uncertainty: Impacts on Economy, Politics, Society, and Environment

Elevated uncertainty can lead to negative consequences in various domains, including economic instability, political turmoil, social disruption, and environmental degradation. Uncertainty can arise from a range of factors, such as economic, political, social, and environmental factors. It is crucial to address the underlying causes of uncertainty and mitigate its negative consequences to ensure the stability…
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Dynamic stochastic general equilibrium (DSGE)

The model would allow us to analyze the effects of various economic shocks, such as changes in productivity or changes in the monetary policy regime, on the macroeconomy.
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Inequality Measurement

An inequality measure is often a function that ascribes a value to a specific distribution of income in a way that allows direct and objective comparisons across different distributions. To do this, inequality measures should have specific properties and behave in a certain way given certain events. For example, moving $1 from a richer person…