Is There a Quality Bias in the Canadian CPI? Evidence from Micro Data Staff Working Paper 2013-24 Oleksiy Kryvtsov Rising consumer prices may reflect shifts by consumers to new higher-priced products, mostly for durable and semi-durable goods. I apply Bils’ (2009) methodology to newly available Canadian consumer price data for non-shelter goods and services to estimate how price increases can be divided between quality growth and price inflation. Content Type(s): Staff research, Staff working papers Topic(s): Inflation and prices, Potential output JEL Code(s): E, E3, E31, M, M1, M11, O, O4, O47
July 19, 2013 Weekly Financial Statistics - 19 July 2013 Content Type(s): Publications, Historical: Weekly Financial Statistics
July 5, 2013 Weekly Financial Statistics - 5 July 2013 Content Type(s): Publications, Historical: Weekly Financial Statistics
June 13, 2013 Financial System Review - June 2013 The Governing Council judges that the risks to the Canadian financial system have decreased somewhat relative to the December FSR, but that the overall level of risk remains high. The key risks are similar to those highlighted in December, and emanate primarily from the external environment. Content Type(s): Publications, Financial Stability Report
Fire-Sale FDI or Business as Usual? Staff Working Paper 2013-17 Ron Alquist, Rahul Mukherjee, Linda Tesar Using a new data set, we examine the characteristics and dynamics of cross-border mergers and acquisitions during emerging-market financial crises, that is, so-called “fire-sale FDI.” Our findings shed fresh light on whether the transactions undertaken during crisis periods differ in fundamental ways from those undertaken during more tranquil periods. Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, International financial markets, International topics JEL Code(s): F, F2, F21, G, G0, G01, G3, G34
June 7, 2013 Weekly Financial Statistics - 7 June 2013 Content Type(s): Publications, Historical: Weekly Financial Statistics
June 3, 2013 Coordinated Policies for Global Liquidity and Robust Growth Presentation Timothy Lane The Bank of Korea International Conference 2013 Seoul, Korea Deputy Governor Tim Lane discusses coordinated policies for global liquidity and growth. Content Type(s): Press, Speeches and appearances, Presentations
September 18, 2013 Returning to Natural Economic Growth Remarks Stephen S. Poloz Vancouver Board of Trade Vancouver, British Columbia Bank of Canada Governor Stephen S. Poloz discusses the preconditions for a return to natural economic growth for Canada. Content Type(s): Press, Speeches and appearances, Remarks
September 13, 2013 Weekly Financial Statistics - 13 September 2013 Content Type(s): Publications, Historical: Weekly Financial Statistics
Endogenous Trade Participation with Incomplete Exchange Rate Pass-Through Staff Working Paper 2013-30 Yuko Imura This paper investigates the implications of endogenous trade participation for international business cycles, trade flow dynamics and exchange rate pass-through when price adjustments are staggered across firms. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Exchange rates, International topics JEL Code(s): F, F1, F12, F4, F44