May 29, 2014 Banking and Financial Statistics - May 2014 Content Type(s): Publications, Historical: Banking and Financial Statistics
May 13, 2014 Beyond the Unemployment Rate: Assessing Canadian and U.S. Labour Markets Since the Great Recession Bank of Canada Review - Spring 2014 Konrad Zmitrowicz, Mikael Khan This article provides a broad perspective on the performance of the labour market in Canada and the United States since the Great Recession. It also presents a simple way to summarize much of this information in a single composite labour market indicator (LMI) for both countries. The LMI suggests that the unemployment rate in Canada has evolved largely in line with overall labour market conditions since the recession, but may have modestly overstated the extent of recent improvement. The U.S. unemployment rate, in contrast, appears to have substantially overstated the post-recession improvement in labour market conditions. Content Type(s): Publications, Bank of Canada Review articles Topic(s): International topics, Labour markets, Recent economic and financial developments JEL Code(s): E, E2, E24, J, J2, J21, J23
May 13, 2014 Bank of Canada Review - Spring 2014 The five articles in this issue present research and analysis by Bank staff covering a variety of topics: the growth of Canadian-dollar-denominated assets in official foreign reserves; the emergence of platform-based digital currencies; methods of forecasting the real price of oil; measures of uncertainty in monetary policy; and the recent performance of the labour market in Canada and the United States. Content Type(s): Publications, Bank of Canada Review
Multiple Fixed Effects in Binary Response Panel Data Models Staff Working Paper 2014-17 Karyne B. Charbonneau This paper considers the adaptability of estimation methods for binary response panel data models to multiple fixed effects. It is motivated by the gravity equation used in international trade, where important papers such as Helpman, Melitz and Rubinstein (2008) use binary response models with fixed effects for both importing and exporting countries. Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods JEL Code(s): C, C2, C23, C25, F, F1, F14
May 2, 2014 Weekly Financial Statistics - 2 May 2014 Content Type(s): Publications, Historical: Weekly Financial Statistics
April 30, 2014 Bank of Canada announces appointment of Lynn Patterson as Deputy Governor Media Relations Ottawa, Ontario The Board of Directors of the Bank of Canada today announced the appointment of Lynn K. Patterson as Deputy Governor effective 5 May 2014. Content Type(s): Press, Press releases
April 2, 2014 Briefing on Digital Currencies Remarks Grahame Johnson, Lukasz Pomorski Senate of Canada Ottawa, Ontario In an educational session on e-money to the Senate of Canada’s Standing Committee on Banking, Trade and Commerce. Grahame Johnson and Lukasz Pomorski highlight recent innovations in Canada’s payments system and the economic needs that these innovations satisfy. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Digital currencies and fintech
April 29, 2014 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario Thank you for the opportunity for Tiff and me to be here today to share with you highlights from the Bank of Canada’s recent economic outlook. The Bank aims to communicate openly and effectively so that Canadians know how we are achieving our mandate to promote the economic and financial welfare of this country. One […] Content Type(s): Press, Speeches and appearances, Opening statements
April 28, 2014 Government of Canada issues its first ultra-long bond Today, the Government of Canada announced that it successfully issued $1,500 million in 50-year bonds through the syndication process. Content Type(s): Press, Market notices
November 1, 1999 Money, Monetary Policy, and Transmission Mechanisms Proceedings of a conference held by the Bank of Canada, November 1999 (proceedings volume, available in electronic format only) Content Type(s): Conferences and workshops