Steve Ambler

Steve Ambler

Fellow-In-Residence, David Dodge Chair in Monetary Policy

Expertise

Education

Ph.D. (Economics), Stanford University

M.Sc. (Economics), London School of Economics and Political Science

Groups

Expertise Areas

Summary

Professor Steve Ambler is a Fellow-in-Residence with the C.D. Howe Institute and serves as the Institute’s David Dodge Chair in Monetary Policy.

Professor Ambler taught at l’École des sciences de la gestion de l’Université du Québec à Montréal (ESG UQAM) from 1985-2020, and chaired the Department from 2012-2015. 

In 2023, he won the Doug Purvis Memorial Prize alongside Jeremy Kronick and Thor Koeppl for C.D. Howe Institute Commentary “The Consequences of the Bank of Canada’s Ballooned Balance Sheet.”

His paper “Putting Money Back in Monetary Policy” was published in the special 50th anniversary issue of Canadian Public Policy/Analyse de politiques in 2024.

Ambler has held visiting positions at the Université de Paris I (Panthéon-Sorbonne), the European University Institute, the Institut für Höhere Studien in Vienna, and the Oesterreichische Nationalbank (Austrian central bank).

He is the author of numerous articles in journals such as the Journal of Monetary Economics, the Review of Economics and Statistics, and the Journal of Money, Credit and Banking.

He is a past president of the Société canadienne de science économique (1998-1999). He has been an Associate Editor of the Canadian Journal of Economics (1992-1995) and of Canadian Public Policy (1998-2003). He was on secondment to the Bank of Canada as Special Adviser from September 2006 to July 2007.

He was Secretary-Treasurer of the Canadian Economics Association from 2007 to 2012.

Latest Publications by Author

Flexible Inflation Targeting Beats a Dual Mandate for the Bank of Canada. Let Us Count the Ways

Steve Ambler, Thorsten Koeppl, Jeremy Kronick

With Recession in the Wind, a Rate Cut Might Have Been Wise

Steve Ambler, Jeremy Kronick

Bank of Canada Should Have Cut Interest Rates Instead of Pausing

Steve Ambler, Jeremy Kronick

Monetary Policy Needs to Remain FIT for Purpose

Steve Ambler, Thorsten Koeppl, Jeremy Kronick

Stripping Mortgages from the CPI Can be a Useful Tool

Steve Ambler, Jeremy Kronick

Flexible Inflation Targeting Beats a Dual Mandate: Lessons for Canada’s 2026 Framework Renewal

Steve Ambler, Thorsten Koeppl, Jeremy Kronick
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