MacDonald, Margaux; Popiel, Michal Ksawery - 2016
This paper investigates the effects of unconventional monetary policy in Canada. We use recently proposed methods to …, we find that Canadian unconventional monetary policy increased Canadian output by 0.23% per month on average between … April 2009 and June 2010. Our empirical framework also allows us to quantify the effects of US unconventional monetary …