Monica Jain

Monica Jain is an **Assistant Professor of Economics** at the Lazaridis School of Business and Economics, Wilfrid Laurier University. She concurrently serves as a **Principal Researcher** in the Monetary Policy Analysis and Research division of the Financial Markets Department at the Bank of Canada since April 2015. Her research focuses on macroeconomics, monetary policy, and applied econometrics, with a particular emphasis on inflation dynamics, central bank communications, and forecast formation.

Education:

• Ph.D. in Economics, Queen’s University
• M.A. in Economics, University of British Columbia
• B.B.A. in Management & Economics, University of Toronto

Research Interests: She examines household and professional expectations of inflation and wage growth, the impact of central bank communication on private-sector forecasts, and the design of monetary policy frameworks. Her work integrates empirical analysis with policy relevance, addressing questions critical to central bank decision-making and economic stability.

Recent Contributions: Her studies include analyses of central bank policy deliberations transparency, consumer expectations from the Canadian Survey of Consumer Expectations, and the influence of forward guidance on forecast disagreement. She has contributed to the Bank of Canada’s policy research on inflation targeting frameworks and communication strategies.

Affiliations: Active in the Bank of Canada’s research community and academic collaborations, she bridges academic inquiry with practical central bank operations.