Thomas J. Carter

Personal Details

First Name:	Thomas
Middle Name:	J.
Last Name:	Carter
Suffix:
RePEc Short-ID:	pca1224
	[This author has chosen not to make the email address public]

Affiliation

Bank of Canada

Ottawa, Canada
http://www.bank-banque-canada.ca/
RePEc:edi:bocgvca (more details at EDIRC)

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

1. Kyle Boutilier & Thomas J. Carter & Xin Scott Chen & Eshini Ekanayake & Louis Poirier & Peter Shannon & Akash Uppal & Lin Xiang, 2022. "Assessing global potential output growth and the US neutral rate: April 2022," Staff Analytical Notes 2022-4, Bank of Canada.

   Cited by:

   1. Salma Ahmed & Aviel Avshalumov & Tania Chaar & Eshini Ekanayake & Helen Lao & Louis Poirier & Jenna Rolland-Mills & Argyn Toktamyssov & Lin Xiang, 2023. "Assessing global potential output growth and the US neutral rate: April 2023," Staff Analytical Notes 2023-5, Bank of Canada.
   2. Martin Kuncl & Dmitry Matveev, 2023. "The Canadian Neutral Rate of Interest through the Lens of an Overlapping-Generations Model," Discussion Papers 2023-5, Bank of Canada.
   3. Guyllaume Faucher & Christopher Hajzler & Martin Kuncl & Dmitry Matveev & Youngmin Park & Temel Taskin, 2022. "Potential output and the neutral rate in Canada: 2022 reassessment," Staff Analytical Notes 2022-3, Bank of Canada.

2. Paul Beaudry & Thomas J. Carter & Amartya Lahiri, 2022. "Looking Through Supply Shocks versus Controlling Inflation Expectations: Understanding the Central Bank Dilemma," Staff Working Papers 22-41, Bank of Canada.

   Cited by:

   1. Martin Harding & Jesper Lindé & Mathias Trabandt, 2022. "Understanding Post-COVID Inflation Dynamics," Staff Working Papers 22-50, Bank of Canada.
      • Harding, Martín & Lindé, Jesper & Trabandt, Mathias, 2023. "Understanding post-COVID inflation dynamics," Journal of Monetary Economics, Elsevier, vol. 140(S), pages 101-118.
      • Martín Harding & Jesper Lindé & Mathias Trabandt, 2023. "Understanding post-Covid inflation dynamics," BIS Working Papers 1077, Bank for International Settlements.
      • Martin Harding & Jesper Lindé & Mathias Trabandt, 2023. "Understanding Post-COVID Inflation Dynamics," IMF Working Papers 2023/010, International Monetary Fund.
   2. Oleksiy Kryvtsov & James (Jim) C. MacGee & Luis Uzeda, 2023. "The 2021–22 Surge in Inflation," Discussion Papers 2023-3, Bank of Canada.
   3. Donald Coletti, 2023. "A Blueprint for the Fourth Generation of Bank of Canada Projection and Policy Analysis Models," Discussion Papers 2023-23, Bank of Canada.

3. Thomas J. Carter & Xin Scott Chen & Ali Jaffery & Christopher Hajzler & Jonathan Lachaine & Peter Shannon & Subrata Sarker & Graeme Westwood & Beiling Yan, 2021. "Assessing global potential output growth and the US neutral rate: April 2021," Staff Analytical Notes 2021-5, Bank of Canada.

   Cited by:

   1. Dany Brouillette & Guyllaume Faucher & Martin Kuncl & Austin McWhirter & Youngmin Park, 2021. "Potential output and the neutral rate in Canada: 2021 update," Staff Analytical Notes 2021-6, Bank of Canada.
   2. Kyle Boutilier & Thomas J. Carter & Xin Scott Chen & Eshini Ekanayake & Louis Poirier & Peter Shannon & Akash Uppal & Lin Xiang, 2022. "Assessing global potential output growth and the US neutral rate: April 2022," Staff Analytical Notes 2022-4, Bank of Canada.

4. Thomas J. Carter & Rhys R. Mendes, 2020. "The Power of Helicopter Money Revisited: A New Keynesian Perspective," Discussion Papers 2020-1, Bank of Canada.

   Cited by:

   1. Reis, Ricardo & Tenreyro, Silvana, 2022. "Helicopter money: what is it and what does it do?," LSE Research Online Documents on Economics 114593, London School of Economics and Political Science, LSE Library.
      • Tenreyro, Silvana, 2022. "Helicopter money: what is it and what does it do?," CEPR Discussion Papers 17180, C.E.P.R. Discussion Papers.
      • Ricardo Reis & Silvana Tenreyro, 2022. "Helicopter Money: What Is It and What Does It Do?," Annual Review of Economics, Annual Reviews, vol. 14(1), pages 313-335, August.
   2. Goodhart, C. A. E. & Masciandaro, Donato & Ugolini, Stefano, 2021. "Pandemic recession, helicopter money and central banking: Venice, 1630," LSE Research Online Documents on Economics 108555, London School of Economics and Political Science, LSE Library.
      • Goodhart, Charles & Masciandaro, Donato & Ugolini, Stefano, 2021. "Pandemic Recession, Helicopter Money and Central Banking: Venice, 1630," CEPR Discussion Papers 15715, C.E.P.R. Discussion Papers.
   3. Donato Masciandaro, 2020. "Covid-19 Helicopter Money, Monetary Policy And Central Bank Independence: Economics And Politics," BAFFI CAREFIN Working Papers 20137, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
   4. Grahame Johnson & Sharon Kozicki & Romanos Priftis & Lena Suchanek & Jonathan Witmer & Jing Yang, 2020. "Implementation and Effectiveness of Extended Monetary Policy Tools: Lessons from the Literature," Discussion Papers 2020-16, Bank of Canada.
   5. Donato Masciandaro, 2020. "Ecb Helicopter Money: Economic And Political Economy Arithmetics," BAFFI CAREFIN Working Papers 20138, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.

5. Robert Amano & Thomas J. Carter & Lawrence L. Schembri, 2020. "Strengthening Inflation Targeting: Review and Renewal Processes in Canada and Other Advanced Jurisdictions," Discussion Papers 2020-7, Bank of Canada.

   Cited by:

   1. Darracq Pariès, Matthieu & Notarpietro, Alessandro & Kilponen, Juha & Papadopoulou, Niki & Zimic, Srečko & Aldama, Pierre & Langenus, Geert & Alvarez, Luis Julian & Lemoine, Matthieu & Angelini, Elena, 2021. "Review of macroeconomic modelling in the Eurosystem: current practices and scope for improvement," Occasional Paper Series 267, European Central Bank.
   2. Robert Amano & Marc-André Gosselin & Kurt See, 2021. "Exploring the potential benefits of inflation overshooting," Staff Analytical Notes 2021-16, Bank of Canada.
   3. José Dorich & Rhys R. Mendes & Yang Zhang, 2021. "The Bank of Canada’s “Horse Race” of Alternative Monetary Policy Frameworks: Some Interim Results from Model Simulations," Discussion Papers 2021-13, Bank of Canada.

6. Robert Amano & Thomas Carter & Sylvain Leduc, 2019. "Precautionary Pricing: The Disinflationary Effects of ELB Risk," Working Paper Series 2019-26, Federal Reserve Bank of San Francisco.

   Cited by:

   1. Francesco Bianchi & Leonardo Melosi & Matthias Rottner, 2019. "Hitting the Elusive Inflation Target," Working Paper Series WP-2019-7, Federal Reserve Bank of Chicago.
      • Bianchi, Francesco & Melosi, Leonardo & Rottner, Matthias, 2021. "Hitting the elusive inflation target," Journal of Monetary Economics, Elsevier, vol. 124(C), pages 107-122.
      • Bianchi, Francesco & Melosi, Leonardo & Rottner, Matthias, 2021. "Hitting the elusive inflation target," Discussion Papers 40/2021, Deutsche Bundesbank.
      • Francesco Bianchi & Leonardo Melosi & Matthias Rottner, 2019. "Hitting the Elusive Inflation Target," NBER Working Papers 26279, National Bureau of Economic Research, Inc.
      • Melosi, Leonardo & Bianchi, Francesco & Rottner, Matthias, 2019. "Hitting the Elusive Inflation Target," CEPR Discussion Papers 14161, C.E.P.R. Discussion Papers.
   2. Fernando M. Duarte & Benjamin K. Johannsen & Leonardo Melosi & Taisuke Nakata, 2020. "Strengthening the FOMC’s Framework in View of the Effective Lower Bound and Some Considerations Related to Time-Inconsistent Strategies," Finance and Economics Discussion Series 2020-067, Board of Governors of the Federal Reserve System (U.S.).

7. Thomas J. Carter & Xin Scott Chen & José Dorich, 2019. "The Neutral Rate in Canada: 2019 Update," Staff Analytical Notes 2019-11, Bank of Canada.

   Cited by:

   1. Thomas J. Carter & Rhys R. Mendes, 2020. "The Power of Helicopter Money Revisited: A New Keynesian Perspective," Discussion Papers 2020-1, Bank of Canada.
   2. Dmitry Matveev & Julien McDonald-Guimond & Rodrigo Sekkel, 2020. "The neutral rate in Canada: 2020 update," Staff Analytical Notes 2020-24, Bank of Canada.
   3. Dany Brouillette & Guyllaume Faucher & Martin Kuncl & Austin McWhirter & Youngmin Park, 2021. "Potential output and the neutral rate in Canada: 2021 update," Staff Analytical Notes 2021-6, Bank of Canada.
   4. Guyllaume Faucher & Christopher Hajzler & Martin Kuncl & Dmitry Matveev & Youngmin Park & Temel Taskin, 2022. "Potential output and the neutral rate in Canada: 2022 reassessment," Staff Analytical Notes 2022-3, Bank of Canada.
   5. Julien Champagne & Christopher Hajzler & Dmitry Matveev & Harlee Melinchuk & Antoine Poulin-Moore & Kemal Ozhan & Youngmin Park & Temel Taskin, 2023. "Potential output and the neutral rate in Canada: 2023 assessment," Staff Analytical Notes 2023-6, Bank of Canada.
   6. Grahame Johnson & Sharon Kozicki & Romanos Priftis & Lena Suchanek & Jonathan Witmer & Jing Yang, 2020. "Implementation and Effectiveness of Extended Monetary Policy Tools: Lessons from the Literature," Discussion Papers 2020-16, Bank of Canada.
   7. Marc Lavoie & Mario Seccareccia, 2019. "Macroeconomics and natural rates: some reflections on Pasinetti’s fair rate of interest," Bulletin of Political Economy, Bulletin of Political Economy, vol. 13(2), pages 139-165, December.
   8. James Bootsma & Thomas J. Carter & Xin Scott Chen & Christopher Hajzler & Argyn Toktamyssov, 2020. "2020 US Neutral Rate Assessment," Discussion Papers 2020-12, Bank of Canada.
   9. Claudio Borio, 2021. "Navigating by r*: safe or hazardous?," BIS Working Papers 982, Bank for International Settlements.
   10. Alex Ilek & Guy Segal, 2022. "A Simple Theory-Based Estimate of the Real Natural Rate of Interest in Open Economies," Bank of Israel Working Papers 2022.06, Bank of Israel.

8. Thomas J. Carter & Rhys R. Mendes & Lawrence L. Schembri, 2018. "Credibility, Flexibility and Renewal: The Evolution of Inflation Targeting in Canada," Discussion Papers 18-18, Bank of Canada.
   • Thomas J Carter & Rhys Mendes & Lawrence L Schembri, 2018. "Credibility, Flexibility and Renewal: The Evolution of Inflation Targeting in Canada," RBA Annual Conference Volume (Discontinued), in: John Simon & Maxwell Sutton (ed.),Central Bank Frameworks: Evolution or Revolution?, Reserve Bank of Australia.

   Cited by:

   1. Megumu Kinugawa, 2019. "The unconventional monetary policy of the Bank of Japan during the period 2013–2018: comments and views on Shirai," International Journal of Economic Policy Studies, Springer, vol. 13(2), pages 347-358, August.
   2. Jaromir Baxa & Jan Zacek, 2022. "Monetary Policy and the Financial Cycle: International Evidence," Working Papers 2022/4, Czech National Bank.
   3. Vivian Chu & Yang Zhang, 2022. "Harnessing the benefit of state-contingent forward guidance," Staff Analytical Notes 2022-13, Bank of Canada.
   4. José Dorich & Rhys R. Mendes & Yang Zhang, 2021. "The Bank of Canada’s “Horse Race” of Alternative Monetary Policy Frameworks: Some Interim Results from Model Simulations," Discussion Papers 2021-13, Bank of Canada.

9. Robert Amano & Thomas J. Carter & Yaz Terajima, 2017. "Redistributive Effects of a Change in the Inflation Target," Staff Analytical Notes 17-13, Bank of Canada.

   Cited by:

   1. Thomas J Carter & Rhys Mendes & Lawrence L Schembri, 2018. "Credibility, Flexibility and Renewal: The Evolution of Inflation Targeting in Canada," RBA Annual Conference Volume (Discontinued), in: John Simon & Maxwell Sutton (ed.),Central Bank Frameworks: Evolution or Revolution?, Reserve Bank of Australia.
      • Thomas J. Carter & Rhys R. Mendes & Lawrence L. Schembri, 2018. "Credibility, Flexibility and Renewal: The Evolution of Inflation Targeting in Canada," Discussion Papers 18-18, Bank of Canada.

10. Robert Amano & Thomas J. Carter & Rhys R. Mendes, 2016. "A Primer on Neo-Fisherian Economics," Staff Analytical Notes 16-14, Bank of Canada.

    Cited by:

    1. Andrew Phiri, 2023. "Fisher’s hypothesis in time–frequency space: a premier using South Africa as a case study," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(5), pages 4255-4284, October.
    2. Andrew Phiri, 2019. "Is Neo-Fisherian ‘alive’ in South Africa? A frequency domain causality approach," Working Papers 1911, Department of Economics, Nelson Mandela University, revised Nov 2019.
       • Andrew Phiri, 2021. "Is Neo-Fisherism ‘alive’ in South Africa? A frequency domain causality approach," Macroeconomics and Finance in Emerging Market Economies, Taylor & Francis Journals, vol. 14(2), pages 142-156, May.
    3. Lutho Mbekeni & Andrew Phiri, 2019. "Can the South African Reserve Bank (SARB) protect the purchasing power of citizens? A new look at Fisher’s hypothesis," Working Papers 1906, Department of Economics, Nelson Mandela University, revised Sep 2019.
    4. Sevda Yapraklı, 2022. "The Validity of The Neo-Fisher Effect in The Period of Explicit Inflation Targeting: An Econometric Analysis on Turkey," EKOIST Journal of Econometrics and Statistics, Istanbul University, Faculty of Economics, vol. 0(37), pages 85-105, December.

11. Robert Amano & Thomas J. Carter & Kevin Moran, 2012. "Inflation and Growth: A New Keynesian Perspective," Staff Working Papers 12-23, Bank of Canada.
    • Robert Amano & Tom Carter & Kevin Moran, 2012. "Inflation and Growth: a New Keynesian Perspective," Cahiers de recherche 1228, CIRPEE.
    • Robert Amano & Tom Carter & Kevin Moran, 2012. "Inflation and Growth: A New Keynesian Perspective," CIRANO Working Papers 2012s-20, CIRANO.

    Cited by:

    1. Oikawa, Koki & Ueda, Kozo, 2019. "Short- and long-run tradeoff of monetary easing," Journal of the Japanese and International Economies, Elsevier, vol. 52(C), pages 189-200.
       • Koki Oikawa & Kozo Ueda, 2015. "Short- and long-run tradeoff monetary easing," CAMA Working Papers 2015-45, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
       • Koki Oikawa & Kozo Ueda, 2015. "Short- and Long-Run Tradeoff Monetary Easing," UTokyo Price Project Working Paper Series 058, University of Tokyo, Graduate School of Economics.
    2. Olmos, Lorena & Sanso Frago, Marcos, 2014. "Monetary policy and growth with trend inflation and financial frictions," MPRA Paper 54606, University Library of Munich, Germany.

12. Césaire Meh & Yaz Terajima & David Xiao Chen & Thomas J. Carter, 2009. "Household Debt, Assets, and Income in Canada: A Microdata Study," Discussion Papers 09-7, Bank of Canada.

    Cited by:

    1. Alan Walks, 2014. "From Financialization to Sociospatial Polarization of the City? Evidence from Canada," Economic Geography, Clark University, vol. 90(1), pages 33-66, January.
    2. Alan Walks, 2016. "Homeownership, Asset-based Welfare and the Neighbourhood Segregation of Wealth," Housing Studies, Taylor & Francis Journals, vol. 31(7), pages 755-784, October.
    3. Bulent Ozel & Reynold Christian Nathanael & Marco Raberto & Andrea Teglio & Silvano Cincotti, 2016. "Macroeconomic implications of mortgage loans requirements: An agent based approach," Working Papers 2016/05, Economics Department, Universitat Jaume I, Castellón (Spain).
       • Bulent Ozel & Reynold Christian Nathanael & Marco Raberto & Andrea Teglio & Silvano Cincotti, 2019. "Macroeconomic implications of mortgage loan requirements: an agent-based approach," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 14(1), pages 7-46, March.
    4. Maxime Desmarais-Tremblay & François Vaillancourt, 2011. "Le bilan des particuliers au Canada : évolution et analyse," CIRANO Project Reports 2011rp-17, CIRANO.
       • Maxime Desmarais-Tremblay & François Vaillancourt, 2012. "Le Bilan Des Particuliers Au Canada : Évolution Et Analyse," CIRANO Papers 2012n-03f, CIRANO.

Articles

1. Robert Amano & Thomas Carter & Sylvain Leduc, 2020. "Is the Risk of the Lower Bound Reducing Inflation?," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, vol. 2020(05), pages 1-05, February.

   Cited by:

   1. Mary C. Daly, 2023. "Forward-Looking Policy in a Real-Time World," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, vol. 2023(08), pages 1-8, March.
      • Mary C. Daly, 2023. "Forward-Looking Policy in a Real-Time World," Speech 95746, Federal Reserve Bank of San Francisco.

2. Robert Amano & Thomas J. Carter & Donald Coletti, 2009. "Next Steps for Canadian Monetary Policy," Bank of Canada Review, Bank of Canada, vol. 2009(Spring), pages 7-20.

   Cited by:

   1. Svensson, Lars E.O., 2010. "Inflation Targeting," Handbook of Monetary Economics, in: Benjamin M. Friedman & Michael Woodford (ed.), Handbook of Monetary Economics, edition 1, volume 3, chapter 22, pages 1237-1302, Elsevier.
      • Lars E. O. Svensson, 2007. "Inflation Targeting," Working Papers 144, Princeton University, Department of Economics, Center for Economic Policy Studies..
      • Lars E.O. Svensson, 2010. "Inflation Targeting," NBER Working Papers 16654, National Bureau of Economic Research, Inc.
   2. Marc Lavoie & Mario Seccareccia, 2012. "Monetary Policy in a Period of Financial Chaos: The Political Economy of the Bank of Canada in Extraordinary Times," Chapters, in: Louis-Philippe Rochon & Salewa ‘Yinka Olawoye (ed.), Monetary Policy and Central Banking, chapter 9, Edward Elgar Publishing.
   3. Christopher Ragan, 2011. "Precision Targeting: The Economics – and Politics – of Improving Canada’s Inflation-Targeting Framework," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 321, February.
   4. George A. Kahn, 2009. "Beyond inflation targeting: should central banks target the price level?," Economic Review, Federal Reserve Bank of Kansas City, vol. 94(Q III), pages 35-64.

More information

Research fields, statistics, top rankings, if available.

Statistics

Access and download statistics for all items

Co-authorship network on CollEc

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 17 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.

1. NEP-MAC: Macroeconomics (14) 2009-07-03 2012-07-23 2012-07-29 2012-08-23 2018-12-24 2019-04-29 2019-04-29 2019-11-11 2020-02-24 2020-09-14 2020-12-14 2021-05-03 2021-05-03 2022-05-09. Author is listed
2. NEP-CBA: Central Banking (9) 2017-12-11 2018-12-24 2019-04-29 2019-11-11 2020-02-24 2020-09-14 2020-12-14 2022-10-17 2023-10-30. Author is listed
3. NEP-MON: Monetary Economics (8) 2017-12-11 2018-12-24 2019-04-29 2019-11-11 2020-02-24 2020-09-14 2022-10-17 2023-10-30. Author is listed
4. NEP-FDG: Financial Development and Growth (3) 2012-07-23 2012-07-29 2012-08-23
5. NEP-BAN: Banking (2) 2022-10-17 2023-10-30
6. NEP-EFF: Efficiency and Productivity (2) 2021-05-03 2022-05-09
7. NEP-DGE: Dynamic General Equilibrium (1) 2020-02-24

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. For general information on how to correct material on RePEc, see these instructions.

To update listings or check citations waiting for approval, Thomas J. Carter should log into the RePEc Author Service.

To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. There, details are also given on how to add or correct references and citations.

To link different versions of the same work, where versions have a different title, use this form. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically.

Please note that most corrections can take a couple of weeks to filter through the various RePEc services.