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9509 Results

Extracting Information from the Business Outlook Survey Using Statistical Approaches

Staff Discussion Paper 2012-8 Lise Pichette
Since the autumn of 1997, the regional offices of the Bank of Canada have conducted quarterly consultations with businesses across Canada. These consultations, summarized in the Business Outlook Survey (BOS), are structured around a survey questionnaire that covers topics of importance to the Bank, notably business activity, pressures on production capacity, prices and inflation, and credit conditions.

The Effects of Oil Price Uncertainty on the Macroeconomy

Staff Working Paper 2012-40 Soojin Jo
This paper investigates the effect of oil price uncertainty on real economic activity using a quarterly VAR with stochastic volatility in mean. Stochastic volatility allows oil price uncertainty to vary separately from changes in the level of oil prices, and thus the impact of oil price uncertainty can be examined in a more flexible yet tractable way.
November 8, 2012

Global Financial System Safer Today, But Not Yet as Safe as It Needs To Be, Says Bank of Canada Governor Mark Carney

The G-20’s ambitious financial sector reform agenda  is creating a more open, resilient global financial system, which is central to the transformation of the global economy, Bank of Canada Governor Mark Carney said today in a speech to the Canadian Club of Montréal. The Governor provided an update of what has been accomplished and what […]
Content Type(s): Press, Press releases
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