Service sector

• Amazon Effects in Canadian Online Retail Firm-Product-Level Data

  Staff Working Paper 2019-42 Alex Chernoff

  I use firm-product-level data for Canadian online retailers to study how product scope (the average number of product categories per firm) evolved from 1999 to 2012. During this period, product scope dropped monotonically from 59 to 5 product categories.

  Content Type(s): Staff research, Staff working papers Topic(s): Firm dynamics, Service sector JEL Code(s): D, D2, D22, L, L1, L11, L8, L81

• Exchange Rates, Retailers, and Importing: Theory and Firm-Level Evidence

  Staff Working Paper 2019-34 Alex Chernoff, Patrick Alexander

  We develop a model with firm heterogeneity in importing and cross-border shopping among consumers. Exchange-rate appreciations lower the cost of imported goods, but also lead to more cross-border shopping; hence, the net impact on aggregate retail prices and sales is ambiguous.

  Content Type(s): Staff research, Staff working papers Topic(s): Exchange rates, International topics, Service sector JEL Code(s): F, F1, F10, F14, L, L8, L81
• April 8, 2019

  Why Do Central Banks Care About Market Power?

  Presentation Carolyn A. Wilkins G7 conference hosted by Banque de France Paris, France

  Senior Deputy Governor Carolyn A. Wilkins discusses how the competitive landscape and digitalization affect monetary policy and why central banks care about market power.

  Content Type(s): Press, Speeches and appearances, Presentations Topic(s): Firm dynamics, Inflation and prices, Labour markets, Market structure and pricing, Monetary policy transmission, Potential output, Productivity, Service sector
• April 1, 2019

  Poloz talks trade: Canada’s services a bright spot

  Speech summary Stephen S. Poloz Baffin Regional Chamber of Commerce (BRCC) and the Nunavut Mining Symposium (NMS) Iqaluit, Nunavut

  Stephen S. Poloz, Governor of the Bank of Canada, will speak before the Baffin Regional Chamber of Commerce (BRCC) and the Nunavut Mining Symposium.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): International topics, Labour markets, Service sector, Trade integration
• April 1, 2019

  Turbulent Times for Trade

  Remarks Stephen S. Poloz Baffin Regional Chamber of Commerce (BRCC) and the Nunavut Mining Symposium (NMS) Iqaluit, Nunavut

  Governor Poloz talks about slowing international trade and how Canada’s rapidly growing services industries can help drive exports and growth.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): International topics, Labour markets, Service sector, Trade integration
• January 31, 2019

  A Look Under the Hood of Canada’s Job Market

  Remarks Carolyn A. Wilkins Toronto Region Board of Trade Toronto, Ontario

  Senior Deputy Governor Carolyn A. Wilkins discusses developments in the Canadian labour market and factors that may help explain why wage growth is slower than expected.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Business fluctuations and cycles, Inflation and prices, Labour markets, Productivity, Regional economic developments, Service sector