C - Mathematical and Quantitative Methods

• The Structure of the Small Annual Model

  Technical Report No. 40 David Rose, Jack Selody

  This volume contains a detailed description of the structure and sectoral properties of the Bank of Canada's Small Annual Model, SAM. The SAM model, constructed in the Research Department of the Bank, is designed for medium- to long-term simulation. It is small by econometric model standards; the version described in this report has 25 stochastic […]

  Content Type(s): Staff research, Technical reports Topic(s): Interest rates JEL Code(s): C, C5, C51, E, E4

• Responses of Various Econometric Models to Selected Policy Shocks

  Technical Report No. 38 Brian O'Reilly, Graydon Paulin, Philip Smith

  In July, 1982 a seminar was held in Ottawa to compare the responses of nine major econometric models to a previously specified set of shocks to the Canadian economy. At the seminar, which was sponsored by the Bank of Canada and the Department of Finance, participants presented the results of their simulations and discussed the […]

  Content Type(s): Staff research, Technical reports Topic(s): Economic models JEL Code(s): C, C5, C52, E, E1, E17

• Modelling Government Fiscal Behaviour in Canada

  Technical Report No. 34 Jack Selody, Kevin Lynch

  There are many models of fiscal policy in the economic literature and each has been based on a particular set of assumptions concerning the interaction of policy variables. However, even though these assumptions are critical to the behaviour of the models, there has as yet been no systematic attempt to test their validity or relative […]

  Content Type(s): Staff research, Technical reports Topic(s): Fiscal policy JEL Code(s): C, C5, C50, H, H3, H30, H6, H60

• An Econometric Model of the Steel Trade

  Technical Report No. 33 Richard Dion

  In this report, the author uses steel as a case study for an analysis at the industrial level of forces at work in the international economy that have had an important impact on recent Canadian economic performance. Prominent among those forces are cost competitiveness and aggregate demand in Canada and abroad.

  Content Type(s): Staff research, Technical reports Topic(s): Balance of payments and components, Economic models JEL Code(s): C, C5, C51, F, F1, F14