Jeannine Bailliu

jeannine-bailliu

Senior Policy Advisor

Jeannine Bailliu is a Senior Policy Advisor in the International Economic Analysis Department. Her primary research interests are international finance, international economics, and applied econometrics. She has conducted research on the Chinese economy, exchange rate and monetary policy regimes, exchange rate pass-through, exchange rate determination and macroeconomic modelling. Prior to joining the Bank of Canada, she obtained a Ph.D. in Economics from the University of California in Santa Cruz; she also worked for the Organisation for Economic Co-operation and Development in Paris.

Contact

Jeannine Bailliu

Senior Policy Advisor
International Economic Analysis
Strategic Leadership and Support

Bank of Canada
234 Wellington Street
Ottawa, ON, K1A 0G9

Latest

17 November 2016 Structural Reforms and Economic Growth in Emerging-Market Economies

Bank of Canada Review - Autumn 2016 Jeannine Bailliu, Christopher Hajzler
Growth has slowed in many emerging-market economies (EMEs) since the 2007–09 global financial crisis, reflecting both cyclical and structural factors. In this context, it will be in-creasingly important for EMEs to raise potential growth by maintaining steady progress on structural reforms. How do structural reforms generally support growth? What are the re-form priorities for EMEs over recent history and today? Finally, what will be the impact of planned structural reforms on potential output growth among the world’s larger EMEs? These are some of the questions considered by the authors.
Content Type(s): Publications, Bank of Canada Review Article Topic(s): Development economics, International topics, Potential output JEL Code(s): E, E0, E02, E6, E61, E65, O, O1, O11, O4, O41

How Fast Can China Grow? The Middle Kingdom’s Prospects to 2030

Staff Working Paper 2016-15 Jeannine Bailliu, Mark Kruger, Argyn Toktamyssov, Wheaton Welbourn
Given its size and importance for global commodity markets, the question of how fast the Chinese economy can grow over the medium term is an important one. This paper addresses this question by examining the evolution of the supply side of the Chinese economy over history and projecting how it will evolve over the next 15 years.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Development economics, International topics, Potential output, Productivity JEL Code(s): E, E2, E22, E23, E3, E32, O4

Macroprudential Rules and Monetary Policy when Financial Frictions Matter

Staff Working Paper 2012-6 Jeannine Bailliu, Césaire Meh, Yahong Zhang
This paper examines the interaction between monetary policy and macroprudential policy and whether policy makers should respond to financial imbalances. To address this issue, we build a dynamic general equilibrium model that features financial market frictions and financial shocks as well as standard macroeconomic shocks.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Economic models, Financial markets, Financial stability, Monetary policy framework JEL Code(s): E, E4, E42, E5, E50, E6, E60

23 February 2012 Household Borrowing and Spending in Canada

Bank of Canada Review - Winter 2011-2012 Jeannine Bailliu, Katya Kartashova, Césaire Meh
Understanding how much of the increased debt load of Canadian households has been used to finance household spending on consumption and home renovation is important for the conduct of monetary policy. In this article, the authors use a comprehensive data set that provides information on the uses of debt by Canadian households. They first present some facts regarding the evolution of Canadian household debt over the period from 1999 to 2010, emphasizing the increased importance of debt flows that are secured by housing. They then explore how Canadian households have used their borrowed funds over the same period, and assess the role of these borrowed funds in financing total consumption and spending on home renovation. Finally, they examine the possible effects of a decline in house prices on consumption when housing equity is used as collateral against household indebtedness.
Content Type(s): Publications, Bank of Canada Review Article Topic(s): Credit and credit aggregates, Domestic demand and components, Transmission of monetary policy JEL Code(s): E, E2, E21, E5, E51, H, H3, H31

19 November 2010 Has Exchange Rate Pass-Through Really Declined? Some Recent Insights from the Literature

Bank of Canada Review - Autumn 2010 Jeannine Bailliu, Wei Dong, John Murray
Building on an earlier Review article, the authors critically reassess the premise that exchange rate pass-through (ERPT) has declined in light of recent studies of the issue in the context of a dynamic stochastic general-equilibrium framework.
Content Type(s): Publications, Bank of Canada Review Article Topic(s): Economic models, Exchange rates, Inflation and prices, Monetary policy framework

See More

Other

Refereed Journals

  • "Macroprudential Rules and Monetary Policy when Financial Frictions Matter"
    (with Cesaire Meh and Yahong Zhang), Economic Modelling, November 2015, Vol. 50, p. 148-161.
  • "Does Exchange Rate Policy Matter for Growth?"
    (with Robert Lafrance and Jean-Francois Perrault), International Finance, Winter 2003, 6 (3), p. 381-414.
  • "Do Funded Pensions Contribute to Higher Aggregate Savings? A Cross–Country Analysis"
    (with Helmut Reisen), Review of World Economics (Weltwirtschaftliches Archiv), 1998, 134 (4), p. 692-711.
  • “Multilateral adjustment, regime switching and real exchange rate dynamics”
    (with Ali Dib, T. Kano and L. Schembri) North American Journal of Economics and Finance, Vol. 27, January 2014, pages 68-87.

Conference, Seminars and Workshops

 

Archives

Bank Publications

Education

  • Ph.D., University of California, Santa Cruz
  • M.A., Graduate Institute of International Studies, Geneva
  • B.Com.(Honours), McGill University

Research Interests

  • International finance
  • International economics
  • Applied econometrics

RePEc

Jeannine Bailliu

About

Affiliate Sites

Legal

Follow the Bank