C - Mathematical and Quantitative Methods
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Statistical Confidence Intervals for the Bank of Canada's Business Outlook Survey
While a number of central banks publish their own business conditions indicators that rely on non-random sampling, knowledge about their statistical accuracy has been limited. -
The Fisher BCPI: The Bank of Canada’s New Commodity Price Index
The prices of commodities produced in Canada have important implications for the performance of the Canadian economy and the conduct of monetary policy. The authors explain an important change to the methodology used to construct the Bank of Canada commodity price index (BCPI).