Jonathan Swarbrick

I am a Senior Economist at the Bank of Canada. My research focuses on macroeconomic theory, financial economics, and monetary economics.

Contact Details

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

Phone: 1 613-728-7444
Email: jswarbrick (at) bankofcanada (dot) ca


Credit crunches from occasionally binding bank borrowing constraints (2020)
with Tom Holden and Paul Levine | Journal of Money, Credit and Banking, 52(2-3) | Download | View on IDEAS

Reconciling Jaimovich-Rebelo preferences, habit in consumption and labor supply (2018)
with Tom Holden and Paul Levine | Economics Letters, 168 | Download | View on IDEAS

Monetary policy and cross-border interbank market fragmentation: lessons from the crisis (2020)
with Tobias Blattner | B.E. Journal of Macroeconomics (forthcoming) | Download | View on IDEAS

Working papers

Lending standards, productivity and credit crunches (2019) (revisions requested by Macroeconomic Dynamics)
(previously circulated as 'Adverse selection and financial crises') | Download | View on IDEAS

Weakness in Non-Commodity Exports: Demand versus Supply Factors (2018)
with José Dorich & Vadym Lepetyuk | Bank of Canada Staff Analytical Notes 2018-28 | Download | View on IDEAS

Work in progress

Business cycles in space
with Tom Holden.

Imperfect exchange rate pass-through: empirical evidence and monetary policy implications
with Vasco Gabriel, Paul Levine and Maryam Mirfatah.

Limited asset market participation and monetary policy in a small open economy
with Paul Levine, Stephen McKnight and Alex Mihailov.