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Sources of pandemic-era inflation in Canada: an application of the Bernanke and Blanchard model

Fares Bounajm, Jean Garry Junior Roc and Yang Zhang

No 2024-13, Staff Analytical Notes from Bank of Canada

Abstract: We explore the drivers of the surge in inflation in Canada during the COVID-19 pandemic. This work is part of a joint effort by 11 central banks using the model developed by Bernanke and Blanchard (2023) to identify similarities and differences across economies.

Keywords: Economic models; Inflation and prices; Labour markets (search for similar items in EconPapers)
JEL-codes: E2 E24 E3 E31 E37 E5 E52 E6 (search for similar items in EconPapers)
Date: 2024-06
New Economics Papers: this item is included in nep-ban, nep-cba, nep-mac and nep-mon
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