Bio

Iskander Karibzhanov is a Senior Economist in the International Economic Analysis Department at the Bank of Canada. His primary research fields are international trade, macroeconomics and computational economics. He received his PhD in Economics from The University of Minnesota.

Staff discussion papers

Towards a HANK Model for Canada: Estimating a Canadian Income Process

Staff Discussion Paper 2020-13 Iskander Karibzhanov
How might one simulate a million realistic income paths and compute their statistical moments in under a second? Using CUDA-based methods to estimate the Canadian earnings process, I find that the distribution of labour income growth is sharply peaked with heavy tails—similar to that in the United States.
Content Type(s): Staff research, Staff discussion papers Topic(s): Economic models, Labour markets JEL Code(s): D, D3, D31, E, E2, E24, J, J3, J31

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Staff working papers

Comparison of Bayesian and Sample Theory Parametric and Semiparametric Binary Response Models

Staff Working Paper 2022-31 Xiangjin Shen, Iskander Karibzhanov, Hiroki Tsurumi, Shiliang Li
We use graphic processing unit computing to compare Bayesian and sample theory semiparametric binary response models. Our findings show that optimal bandwidth does not outperform regular bandwidth in binary semiparametric models.
Content Type(s): Staff research, Staff working papers Topic(s): Credit risk management, Econometric and statistical methods JEL Code(s): C, C1, C14, C3, C35, C5, C51, C6, C63, D, D1

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