February 13, 2015 Weekly Financial Statistics - 13 February 2015 Content Type(s): Publications, Historical: Weekly Financial Statistics
Information, Risk Sharing and Incentives in Agency Problems Staff Working Paper 2015-7 Jia Xie This paper studies the use of information for incentives and risk sharing in agency problems. When the principal is risk neutral or the outcome is contractible, risk sharing is unnecessary or completely taken care of by a contract on the outcome. Content Type(s): Staff research, Staff working papers Topic(s): Economic models JEL Code(s): D, D8
February 10, 2015 Economy Has Room to Grow, Says Senior Deputy Governor Carolyn Wilkins Media Relations Ottawa, Ontario The Canadian economy still has room to grow, and the sharp drop in oil prices is a setback, Bank of Canada Senior Deputy Governor Carolyn Wilkins said in Ottawa today, adding that monetary policy will support the needed adjustments. As the Bank assesses the underlying inflation pressures in the Canadian economy, it is critical that […] Content Type(s): Press, Press releases
February 10, 2015 Minding the Labour Gap Remarks Carolyn A. Wilkins Ottawa Economics Association Ottawa, Ontario Senior Deputy Governor Carolyn Wilkins discusses the state of the labour market, the impact of lower oil prices on Canada’s economic outlook and the importance of both for monetary policy. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Inflation and prices, Inflation targets, Labour markets, Monetary policy, Potential output, Productivity
Changing Labour Market Participation Since the Great Recession: A Regional Perspective Staff Discussion Paper 2015-2 Calista Cheung, Dmitry Granovsky, Gabriella Velasco This paper discusses broad trends in labour force participation and part-time employment across different age groups since the Great Recession and uses provincial data to identify changes related to population aging, cyclical effects and other factors. Content Type(s): Staff research, Staff discussion papers Topic(s): Labour markets, Recent economic and financial developments, Regional economic developments JEL Code(s): E, E2, E24, E3, E32, J, J1, J2, J21, J6
February 6, 2015 Weekly Financial Statistics - 6 February 2015 Content Type(s): Publications, Historical: Weekly Financial Statistics
A New Data Set of Quarterly Total Factor Productivity in the Canadian Business Sector Staff Working Paper 2015-6 Shutao Cao, Sharon Kozicki In this paper, a quarterly growth-accounting data set is built for the Canadian business sector with the top-down approach of Diewert and Yu (2012). Inputs and outputs are measured and used to estimate the quarterly total factor productivity (TFP). Content Type(s): Staff research, Staff working papers Topic(s): Productivity JEL Code(s): D, D2, D24, F, F4, F43, O, O4, O47