James Rossiter

Author

Staff discussion papers

Nowcasting the Global Economy

Staff Discussion Paper 2010-12 James Rossiter
Forecasts of global economic activity and inflation are important inputs when conducting monetary policy in small open economies such as Canada. As part of the Bank of Canada's broad agenda to augment its short-term forecasting tools, the author constructs simple mixed-frequency forecasting equations for quarterly global output, imports, and inflation using the monthly global Purchasing Managers Index (PMI).
Content Type(s): Staff research, Staff discussion papers Topic(s): Economic models, International topics JEL Code(s): E, E3, E37, F, F4, F47

See More

Staff working papers

See More

Technical reports

Introducing the Bank of Canada's Projection Model for the Global Economy

Technical Report No. 99 Jeannine Bailliu, Patrick Blagrave, James Rossiter
To complement its existing set of tools to analyze and forecast developments in the global economy, the Bank of Canada recently developed a version of the Global Projection Model (GPM) jointly with staff at the International Monetary Fund.
Content Type(s): Staff research, Technical reports Topic(s): Business fluctuations and cycles, Economic models, International topics JEL Code(s): C, C6, C68, E, E2, E27, E3, E37, F, F0, F01

See More

Bank publications

Bank of Canada Review articles

September 15, 2008

Offshoring and Its Effects on the Labour Market and Productivity: A Survey of Recent Literature

Bank of Canada Review - Autumn 2008 James Rossiter, Yi Zheng, Calista Cheung
Offshoring has become an increasingly prominent aspect of the globalization process. Evidence over the past two decades suggests that offshoring has not exerted a noticeable impact on overall employment and earnings growth in advanced economies, but it has likely contributed to shifting the demand for labour towards higher-skilled jobs. There appear to be some positive effects of offshoring on productivity, but such effects differ by country.
Content Type(s): Publications, Bank of Canada Review articles Topic(s): International topics, Labour markets, Productivity

See More