October 24, 2014 Notice: Senate Committee Appearance Rescheduled Bank of Canada Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins will appear before the Senate Standing Committee on Banking, Trade and Commerce on Wednesday, 29 October 2014 at 16:15 (ET). Content Type(s): Press, Announcements
October 24, 2014 Weekly Financial Statistics - 24 October 2014 Content Type(s): Publications, Historical: Weekly Financial Statistics
Are There Gains from Pooling Real-Time Oil Price Forecasts? Staff Working Paper 2014-46 Christiane Baumeister, Lutz Kilian, Thomas K. Lee The answer as to whether there are gains from pooling real-time oil price forecasts depends on the objective. The approach of combining five of the leading forecasting models with equal weights dominates the strategy of selecting one model and using it for all horizons up to two years. Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, International topics JEL Code(s): C, C5, C53, Q, Q4, Q43
On the Importance of Sales for Aggregate Price Flexibility Staff Working Paper 2014-45 Oleksiy Kryvtsov, Nicolas Vincent Macroeconomists have traditionally ignored the behavior of temporary price markdowns (“sales”) by retailers. Although sales are common in the micro price data, they are assumed to be unrelated to macroeconomic phenomena and generally filtered out. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Economic models, Inflation and prices, Market structure and pricing, Monetary policy transmission JEL Code(s): E, E3, E31, E32, E5, E52, L, L1, L11, L2, L25, L8, L81, M, M3, M31
October 22, 2014 Notice: Senate committee appearance cancelled Bank of Canada Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins will not appear on Thursday before the Senate Committee on Banking, Trade and Commerce, as previously scheduled. Content Type(s): Press, Announcements
October 22, 2014 Notice: Parliamentary Appearance Cancelled Bank of Canada Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins will not appear today before the House of Commons Standing Committee on Finance, as previously scheduled. Content Type(s): Press, Announcements
October 22, 2014 Release of the Monetary Policy Report Opening statement Stephen S. Poloz Ottawa, Ontario Opening statement of Press conference that was to follow the release of the Monetary Policy Report. Content Type(s): Press, Speeches and appearances, Opening statements