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Traders using the electronic limit order book in the foreign exchange market can watch the posted price and depth of the best quotes change over the day.

The authors investigate whether the aggregation of region-specific forecasts improves upon the direct forecasting of Canadian GDP growth.

The authors investigate empirically the relationship between different aspects of inflation and relative price dispersion in Canada using a Markov regime-switching Phillips curve.

The linkages between inflation and the economy's cyclical position are thought to be strongly affected by the credibility of monetary authorities.

The authors measure the economies of scale of Canada's six largest banks and their costefficiency over time. Using a unique panel data set from 1983 to 2003, they estimate pooled translog cost functions and derive measures of relative efficiency and economies of scale.

The difference between actual borrowings and borrowing limits alone generates information asymmetry in the credit card market.

This study on overinvestment differs from the existing literature in that investment in machinery and equipment is modelled as a structural vector autoregression with identification achieved by imposing long-run restrictions, as in Blanchard and Quah (1989).

The author describes results obtained by using a new methodology to estimate potential output for the United Kingdom.

Social learning models of investment provide an interesting explanation for sudden changes in investment behaviour.

Using French data on industrial firms over the period 1989-2001, the authors estimate a "flexible" Translog production function that accounts for the volumes and durations of factor utilization.