Gerald Stuber - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T00:15:09+00:00The Use of Cash in Canada
https://www.bankofcanada.ca/wp-content/uploads/2015/05/boc-review-spring15-fung.pdf
The Bank of Canada’s 2013 Methods-of-Payment Survey indicates that the share of cash in the overall number of retail transactions has continued to decrease, mainly because of increased use of contactless credit cards. The share of cash in the total value of retail transactions was virtually unchanged from 2009 to 2013. In particular, the value share of cash transactions above $50 increased. Automated banking machines (ABMs), still the major source of cash for Canadians, were used less often in 2013 than in 2009. Cash use in Canada is broadly similar to that in Australia and the United States.2015-05-14T10:25:24+00:00enThe Use of Cash in Canada2015-05-14Electronic Money and Payments: Recent Developments and Issues
https://www.bankofcanada.ca/2014/04/discussion-paper-2014-2/
The authors review recent developments in retail payments in Canada and elsewhere, with a focus on e-money products, and assess their potential public policy implications.2014-04-28T10:39:03+00:00enElectronic Money and Payments: Recent Developments and Issues2014-04-28Bank notesDigital currencies and fintechFinancial servicesPayment clearing and settlement systemsDiscussion Paper 2014-2 https://www.bankofcanada.ca/wp-content/uploads/2014/04/dp2014-2.pdfElectronic Money and Payments: Recent Developments and IssuesBen FungMiguel MolicoGerald StuberApril 2014EE4E41E42The Changing Landscape for Retail Payments in Canada and the Implications for the Demand for Cash
https://www.bankofcanada.ca/wp-content/uploads/2012/11/boc-review-autumn12-arango.pdf
Over the past 20 years, there has been a major shift away from the use of paper-based retail payment instruments, such as cash and cheques, toward electronic means of payment, such as debit cards and credit cards. Recent Bank of Canada research on consumers’ choice of payment instruments indicates that cash is frequently used for transactions with low values because of its speed, ease of use and wide acceptance, while debit and credit cards are more commonly used for transactions with higher values because of perceived attributes such as safety and record keeping. While innovations in retail payments currently being introduced into the Canadian marketplace could lead to a further reduction in the use of cash over the longer term, the implications for the use of cash of some of the structural and regulatory developments under way are less clear.2012-11-15T07:40:57+00:00enThe Changing Landscape for Retail Payments in Canada and the Implications for the Demand for Cash2012-11-15Implications of Uncertainty about Long-Run Inflation and the Price Level
https://www.bankofcanada.ca/2001/10/working-paper-2001-16/
This paper surveys recent developments in the theoretical and empirical literature on the economic implications of uncertainty about the longer-term outlook for inflation. In particular, the linkages between inflation, long-run inflation uncertainty, and aggregate economic activity in industrial economies have become considerably better understood during the past decade.2001-10-01T16:16:49+00:00enImplications of Uncertainty about Long-Run Inflation and the Price Level2001-10-01Inflation: costs and benefitsWorking Paper 2001-16 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp01-16.pdfImplications of Uncertainty about Long-Run Inflation and the Price LevelGerald StuberOctober 2001EE2E22E3E31E4E44The Changing Effects of Energy-Price Shocks on Economic Activity and Inflation
https://www.bankofcanada.ca/wp-content/uploads/2010/06/stubere.pdf
In this article the author examines the effects that major changes in energy prices in recent years have had on inflation and on the pace of economic expansion. These are then compared with the effects of the oil-price shocks that occurred in the 1970s and early 1980s.
Changes in the intensity of energy use are examined, as well as developments in Canada's merchandise trade surplus in energy commodities and products. The author also considers the effects that a monetary policy anchored to low and stable inflation could have on price-setting behaviour and thus on the pass-through of higher energy costs to core inflation in Canada and in other industrial countries.2001-08-17T14:28:32+00:00enThe Changing Effects of Energy-Price Shocks on Economic Activity and Inflation2001-08-17Recent Developments in Global Commodity Prices: Implications for Canada
https://www.bankofcanada.ca/wp-content/uploads/2010/06/r993d-e.pdf
The authors examine the recent evolution of commodity prices. They discuss the factors behind the price declines that occurred between the summer of 1997 and the end of 1998, including the key supply factors and the drop in Asian demand caused by that region's concurrent financial and economic crisis. They then review the effects of the reduction in world commodity prices on economic activity in Canada. They point out that the depreciation of the Canadian dollar against the U.S. dollar, together with the continued strength of the U.S. economy, has partly offset the negative effects on Canadian aggregate demand.1999-08-12T15:14:46+00:00enRecent Developments in Global Commodity Prices: Implications for Canada1999-08-12The Electronic Purse: An Overview of Recent Developments and Policy Issues
https://www.bankofcanada.ca/1996/01/technical-report-no74/
Futurists have been speculating about the prospects for a cashless society for many years, and such predictions became more frequent following the introduction of "smart" cards - cards containing a computer chip - in the mid-1970s.1996-01-01T13:31:55+00:00enThe Electronic Purse: An Overview of Recent Developments and Policy Issues1996-01-01Digital currencies and fintechFinancial institutionsPayment clearing and settlement systemsRecent economic and financial developmentsTechnical Report 74 https://www.bankofcanada.ca/wp-content/uploads/2010/01/tr74.pdfThe Electronic Purse: An Overview of Recent Developments and Policy IssuesGerald StuberJanuary 1996EE4E41GG2G20The Slowdown in Productivity Growth in the 1975-83 Period: A Survey of Possible Explanations
https://www.bankofcanada.ca/1986/10/technical-report-no43/
The growth rates of both aggregate factor and labour productivity in Canada fell substantially during the period 1975-83. This paper examines this phenomenon and reviews a number of possible explanations for it. First, the productivity growth slowdown is examined at various levels of industry disaggregation. It is apparent from this analysis that the slowdown varied […]1986-10-13T11:12:14+00:00enThe Slowdown in Productivity Growth in the 1975-83 Period: A Survey of Possible Explanations1986-10-13ProductivityGerald StuberOctober 1986DD2D24