Accessible navigation:

  1. Main page text
  2. Main navigation
  3. Section navigation

Bank of Canada

Regular page >>
      
 

Publications & Research

Research

Economics Staff

Sharon Kozicki

Deputy Chief
Mail:
Bank of Canada
234 Wellington Street
Ottawa, Ontario K1A 0G9
Canada
Email:
skozicki@bankofcanada.ca
Phone:
613 782-8437
Fax:
613 782-7658
Education:
  • Ph.D. (Economics) University of California San Diego – 1992
  • M.A. (Economics) University of Toronto – 1987
  • B.Sc. (Economics and Quantitative Methods, Computer Science) University of Toronto – 1986
Professional Service:
  • Executive Council, Canadian Economic Association, 2007 – Current
  • Editorial Board, Journal of Macroeconomics, 2003 – Current
  • Associate Editor, Journal of Applied Econometrics, 2006 – Current
  • Associate Editor, Macroeconomic Dynamics, 2006 – Current
  • Member of the Society of Computational Economics (SCE) Advisory Committee, 2004-2007
Other:

REPEC Website: http://econpapers.repec.org/RAS/pko186.htm

Publications:
Refereed Journals
"Term Structure Transmission of Monetary Policy"
(with P.A. Tinsley) forthcoming in the North American Journal of Economics and Finance.
"Minding the Gap: Central Bank Estimates of the Unemployment Natural Rate"
(with P.A. Tinsley) in Computational Economics, 27(2-3), April-May 2006, 295-327.
"Estimating Equilibrium Real Interest Rates in Real Time"
(with Todd Clark) North American Journal of Economics and Finance, 16, 2005, 395-413.
"Permanent and Transitory Policy Shocks under Asymmetric Information"
(with P.A. Tinsley) Journal of Economic Dynamics and Control, 29, 2005, 1985-2015.
"What do you expect? Imperfect Policy Credibility and Tests of the Expectations Hypothesis"
(with P.A. Tinsley) Journal of Monetary Economics, 52:2, March 2005.
"Rounding Error: A Distorting Influence on Index Data"
(with Barak Hoffman) Journal of Money, Credit, and Banking, 36, June 2004, 319-338.
"Dynamic Specifications in Optimizing Trend-Deviation Macro Models"
(with P.A. Tinsley) Journal of Economic Dynamics and Control, 26, 2002.
"Shifting Endpoints in the Term Structure of Interest Rates"
(with P.A. Tinsley) Journal of Monetary Economics, 47, 2001, 613-652.
"Term Structure Views of Monetary Policy Under Alternative Models of Agent Expectations"
(with P.A. Tinsley) Journal of Economic Dynamics and Control, 25, 149-184, 2001.
"Vector Rational Error Correction"
(with P.A. Tinsley) Journal of Economic Dynamics and Control, 23, 1299-1327, 1999.
"Multivariate Detrending under Common Trend Restrictions: Implications for Business Cycle Research"
Journal of Economic Dynamics and Control, 23, 997-1028, 1999.
"Moving Endpoints and the Internal Consistency of Agents' Ex Ante Forecasts"
(with P.A. Tinsley) Computational Economics, 11, 21-40, 1998.
"Testing for Common Features"
(with Robert F. Engle) Journal of Business and Economic Statistics, 11, 369-380, 1993.
"Reply"
(with Robert F. Engle), (reply to discussants of "Testing for Common Features," published in the same volume), Journal of Business and Economic Statistics, 11, 393-395, 1993.
Bank of Canada Publications:
« Estimating DSGE-Model-Consistent Trends for Use in Forecasting »
(with Jean-Philippe Cayen and Marc-André Gosselin), Bank of Canada Working Paper  2009-35.
"Estimation and Inference by the Method of Projection Minimum Distance"
(with Òscar Jordà), Bank of Canada Working Paper 2007-56.
"Term Structure Transmission of Monetary Policy"
(with P.A. Tinsley), Bank of Canada Working Paper 2007-30.
"Perhaps the FOMC Did What It Said It Did: An Alternative Interpretation of the Great Inflation"
(with P.A. Tinsley), Bank of Canada Working Paper 2007-19.
"Survey-Based Estimates of the Term Structure of Expected U.S. Inflation"
Bank of Canada Working Paper 2006-46.
"General Discussion" (comments on 'Factor-Market Structure, Shifting Inflation Targets, and the New Keynesian Phillips Curve,') proceedings of a 2005 Bank of Canada conference on Issues in Inflation Targeting, 2006.
"Alternative Sources of the Lag Dynamics of Inflation"
(with P.A. Tinsley), Proceedings of the 2002 Bank of Canada conference Price Adjustment and Monetary Policy, 2003.
"Discussion," (comments on "The Stance of Monetary Policy," by Ben Fung and Mingwei Yuan), proceedings of the 1999 Bank of Canada conference Money, Monetary Policy, and the Transmission Mechanism, 2000.
Other Publications:
"Longer-Term Perspectives on the Yield Curve and Monetary Policy"
(with Gordon H. Sellon Jr.) Federal Reserve Bank of Kansas City Economic Review, Fourth Quarter 2005.
"How do Data Revisions affect the Evaluation and Conduct of Monetary Policy"
Federal Reserve Bank of Kansas City Economic Review, First Quarter 2004. (Translated into Spanish by the Centre for Latin American Monetary Studies and published: "¿De qué forma afectan las revisions de datos a la evaluación y conducción de la política monetaria?" monetaria, Octubre-Diciembre, 2004.)
"Why Do Central Banks Monitor So Many Inflation Indicators?"
Federal Reserve Bank of Kansas City Economic Review, Third Quarter 2001.
"How Useful are Taylor Rules for Monetary Policy?"
Federal Reserve Bank of Kansas City Economic Review, Second Quarter 1999.
"Predicting Real Growth and Inflation with the Yield Spread"
Federal Reserve Bank of Kansas City Economic Review, Fourth Quarter 1997.
"The Productivity Growth Slowdown: Diverging Trends in the Manufacturing and Service Sectors"
Federal Reserve Bank of Kansas City Economic Review, First Quarter 1997.
"The Behavior of Long-Term Interest Rates in the FRB/US Model"
(with David Reifschneider and P.A. Tinsley) in The Determination of Long-Term Interest Rates and the Role of Expectations, BIS Conference Papers, 2, August 1996.
Published Comments:
"Discussion" (comments on 'Estimating Forward-Looking Euler Equations with GMM and Maximum Likelihood Estimators: An Optimal Instruments Approach,' by Jeffrey C. Fuhrer and Giovanni P. Olivei,) proceedings of the March 2004 Federal Reserve Board conference Models and Monetary Policy: Research in the Tradition of Dale Henderson, Richard Porter, and Peter Tinsley, 2005, 115-125.
"Comments on 'Forecasting with a Real-Time Data Set for Macroeconomists'"
Journal of Macroeconomics, 24, 2002.
Other Research:
"Estimation and Inference by the Method of Projection Minimum Distance"
(with Oscar Jorda), revised July 2007.
"Term Premia: Endogenous Constraints on Monetary Policy"
(with P.A. Tinsley) Federal Reserve Bank of Kansas City Working Paper RWP 02-07.
"Revisiting a Test of the CAPM"
(with Pu Shen). (An earlier version of the paper appeared as Federal Reserve Bank of Kansas City Working Paper 97-06 with the title "Breathing Room for Beta.")
"Predicting Inflation with the Term Structure Spread"
Federal Reserve Bank of Kansas City Working Paper 98-02.
"The Comovement of Output and Labor Productivity in Aggregate Data for Auto Assembly Plants"
(with Ana Aizcorbe), Federal Reserve Board Finance and Economics Discussion Series 95-33.
"Balancing Theory and Empirical Fit in Structural Macroeconomic Modeling"
(with Mark French, Eileen Mauskopf, Peter von zur Muehlen) Federal Reserve Board, Mimeo, December 1994.
"A Nonlinear Model of the Term Structure"
Federal Reserve Board, Mimeo, March 1994.
"Techniques for Estimating Dynamic Comovement with an Application to Common International Output Fluctuations"
Federal Reserve Board Finance and Economics Discussion Series 93-32.
"Monthly Estimates of Canadian GDP and its Price Deflator"
Bank of Canada Technical Working Paper 89-2.
List of members of our economics research staff and executive in alphabetical order.