International topics

• September 21, 2015

  Riding the Commodity Cycle: Resources and the Canadian Economy

  Remarks Stephen S. Poloz Calgary Economic Development Calgary, Alberta

  Governor Poloz speaks about cycles in commodity prices and how Canada has used its endowment of natural resources to build a prosperous economy.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Business fluctuations and cycles, International topics, Monetary policy, Monetary policy and uncertainty, Recent economic and financial developments, Trade integration

• Heterogeneity in the Dynamic Effects of Uncertainty on Investment

  Staff Working Paper 2015-34 Sungje Byun, Soojin Jo

  How does aggregate profit uncertainty influence investment activity at the firm level? We propose a parsimonious adaptation of a factor-autoregressive conditional heteroscedasticity model to exploit information in a subindustry sales panel for an efficient and tractable estimation of aggregate volatility.

  Content Type(s): Staff research, Staff working papers Topic(s): Domestic demand and components, Econometric and statistical methods, International topics JEL Code(s): C, C2, C22, C23, D, D8, D80, E, E2, E22