March 31, 2019 Research Update - March 2019 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
The Trend Unemployment Rate in Canada: Searching for the Unobservable Staff Working Paper 2019-13 Dany Brouillette, Marie-Noëlle Robitaille, Laurence Savoie-Chabot, Pierre St-Amant, Bassirou Gueye, Elise Nelson In this paper, we assess several methods that have been used to measure the Canadian trend unemployment rate (TUR). We also consider improvements and extensions to some existing methods. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Economic models, Inflation and prices, Labour markets JEL Code(s): C, C5, C52, C53, E, E2, E24, E27
Local Labor Markets in Canada and the United States Staff Working Paper 2019-12 David Albouy, Alex Chernoff, Chandler Lutz, Casey Warman We examine local labor markets in the United States and Canada from 1990 to 2011 using comparable household and business data. Wage levels and inequality rise with city population in both countries, albeit less in Canada. Content Type(s): Staff research, Staff working papers Topic(s): Labour markets JEL Code(s): J, J2, J21, J3, J31, J6, J61, N, N3, N32, R, R1, R12
March 27, 2019 Release of the 2018 Bank of Canada FMI Oversight Activities Annual Report The Bank of Canada today published the Bank of Canada Oversight Activities for Financial Market Infrastructures 2018 Annual Report (the Report) on its oversight of payment clearing and settlement systems, which are also known as financial market infrastructures (FMIs). Content Type(s): Press, Market notices
March 27, 2019 Bank of Canada joins Central Banks’ and Supervisors’ Network for Greening the Financial System Media Relations Ottawa, Ontario The Bank of Canada today announced that it has joined the Central Banks’ and Supervisors’ Network for Greening the Financial System (NGFS). Content Type(s): Press, Press releases Topic(s): Climate change
March 25, 2019 CARR Meeting (March 25, 2019) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group