Tony Chernis - Latest

• The Business Leaders’ Pulse—An Online Business Survey

  Staff Discussion Paper 2022-14 Tony Chernis, Chris D'Souza, Kevin MacLean, Tasha Reader, Joshua Slive, Farrukh Suvankulov

  This paper introduces the Business Leaders’ Pulse, a new online survey conducted each month. It is designed to provide timely and flexible input into the Bank of Canada’s monetary policy decision making by asking firms about their sales and employment growth expectations, the risks to their business outlook, and topical questions that address specific information needs of the Bank.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Monetary policy and uncertainty, Recent economic and financial developments JEL Code(s): C, C8, C83, D, D2, D22, E, E3, E32

• Nowcasting Canadian GDP with Density Combinations

  Staff Discussion Paper 2022-12 Tony Chernis, Taylor Webley

  We present a tool for creating density nowcasts for Canadian real GDP growth. We demonstrate that the combined densities are a reliable and accurate tool for assessing the state of the economy and risks to the outlook.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Econometric and statistical methods JEL Code(s): C, C5, C52, C53, E, E3, E7