O - Economic Development, Technological Change, and Growth - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T07:53:23+00:00An Overview of the Indigenous Economy in Canada
https://www.bankofcanada.ca/2023/10/staff-discussion-paper-2023-25/
Several measures suggest economic outcomes have improved for Indigenous Peoples in recent decades. Yet, institutional settings and gaps in infrastructure and financing continue to hinder their economic progress. Recent efforts have helped address some data gaps, and new institutions are helping Indigenous communities to overcome historic barriers to growth.2023-10-13T12:25:29+00:00enAn Overview of the Indigenous Economy in Canada2023-10-13Central bank researchDevelopment economicsFinancial servicesLabour marketsMonetary policy transmissionRegional economic developmentsStaff Discussion Paper 2023-25https://www.bankofcanada.ca/wp-content/uploads/2023/10/sdp2023-25.pdfAn Overview of the Indigenous Economy in CanadaAlex ChernoffCalista CheungOctober 2023EE0E01E02NN4N41N42OO4O43PP4P48Redefining Financial Inclusion for a Digital Age: Implications for a Central Bank Digital Currency
https://www.bankofcanada.ca/2023/10/staff-discussion-paper-2023-22/
We explore quantitative and qualitative information about Canadians who face barriers to making digital payments. We also consider the implications of ongoing digitalization for modern financial inclusion and a potential central bank digital currency.2023-10-04T14:28:10+00:00enRedefining Financial Inclusion for a Digital Age: Implications for a Central Bank Digital Currency2023-10-04AccessibilityBank notesCentral bank researchDigital currencies and fintechDigitalizationFinancial servicesStaff Discussion Paper 2023-22https://www.bankofcanada.ca/wp-content/uploads/2023/10/sdp2023-22.pdfStaff Discussion Paper 2023-22Alexandra Sutton-LalaniSebastian HernandezJohn MiedemaJiamin DaiBadr OmraneOctober 2023AA1A14EE4E42E5E50II3I31OO3O33O5O51Anonymous Credentials: Secret-Free and Quantum-Safe
https://www.bankofcanada.ca/2023/09/staff-working-paper-2023-50/
An anonymous credential mechanism is a set of protocols that allows users to obtain credentials from an organization and demonstrate ownership of these credentials without compromising users’ privacy. In this work, we construct the first secret-free and quantum-safe credential mechanism.2023-09-28T14:30:48+00:00enAnonymous Credentials: Secret-Free and Quantum-Safe2023-09-28Central bank researchDigital currencies and fintechPayment clearing and settlement systemsStaff Working Paper 2023-50https://www.bankofcanada.ca/wp-content/uploads/2023/09/swp2023-50.pdfStaff Working Paper 2023-50Raza Ali KazmiCyrus MinwallaSeptember 2023EE4E42GG2G21OO3O31Digitalization: Definition and Measurement
https://www.bankofcanada.ca/2023/09/staff-discussion-paper-2023-20/
This paper provides an overview of digitalization and its economic implications. We assess the scope of digitalization in Canada as well as the challenges related to its measurement.2023-09-20T13:55:08+00:00enDigitalization: Definition and Measurement2023-09-20DigitalizationPotential outputStaff Discussion Paper 2023-20https://www.bankofcanada.ca/wp-content/uploads/2023/09/sdp2023-20.pdfStaff Discussion Paper 2023-20Guyllaume FaucherStephanie HouleSeptember 2023EE0E01OO3O33O5O51Digitalization: Productivity
https://www.bankofcanada.ca/2023/08/staff-discussion-paper-2023-17/
We examine the relationship between digitalization and productivity, the factors that influence this relationship, and how digitalization’s effect on productivity could change firm behaviour.2023-08-15T12:02:19+00:00enDigitalization: Productivity2023-08-15DigitalizationProductivityStaff Discussion Paper 2023-17https://www.bankofcanada.ca/wp-content/uploads/2023/08/sdp2023-17.pdfStaff Discussion Paper 2023-17Jeffrey MollinsTemel TaskinAugust 2023EE2LL1L11OO4O47O5O51Digitalization: Labour Markets
https://www.bankofcanada.ca/2023/08/staff-discussion-paper-2023-16/
In this paper, the authors assess the relationship between digitalization and labour demand and supply, and how this relationship affects wages and income inequality. We also explore implications of recent digitalization trends for the future of work.2023-08-15T12:00:22+00:00enDigitalization: Labour Markets2023-08-15DigitalizationLabour marketsStaff Discussion Paper 2023-16https://www.bankofcanada.ca/wp-content/uploads/2023/08/sdp2023-16.pdfStaff Discussion Paper 2023-16Alex ChernoffGabriela GalassiAugust 2023II2I23JJ2J23J24OO3O33Unmet Payment Needs and a Central Bank Digital Currency
https://www.bankofcanada.ca/2023/08/staff-discussion-paper-2023-15/
We discuss the payment habits of Canadians both in the current payment environment and in a hypothetical cashless environment.2023-08-10T15:59:03+00:00enUnmet Payment Needs and a Central Bank Digital Currency2023-08-10Bank notesCentral bank researchDigital currencies and fintechFinancial servicesStaff Discussion Paper 2023-15https://www.bankofcanada.ca/wp-content/uploads/2023/08/sdp2023-15.pdfStaff Discussion Paper 2023-15Christopher HenryWalter EngertAlexandra Sutton-LalaniSebastian HernandezDarcey McVanelKim HuynhAugust 2023CC1C12C9EE4OO5O54Cryptoasset Ownership and Use in Canada: An Update for 2022
https://www.bankofcanada.ca/2023/07/staff-discussion-paper-2023-14/
We find that Bitcoin ownership declined from 13% in 2021 to 10% in 2022. This drop occurred against a background of steep price declines and an increasingly tight regulatory atmosphere.2023-07-26T13:38:30+00:00enCryptoasset Ownership and Use in Canada: An Update for 20222023-07-26Bank notesDigital currencies and fintechEconometric and statistical methodsStaff Discussion Paper 2023-14https://www.bankofcanada.ca/wp-content/uploads/2023/07/sdp2023-14.pdfStaff Discussion Paper 2023-14Daniela BalutelChristopher HenryDoina RusuJuly 2023CC8C81EE4OO5O51Privacy-Preserving Post-Quantum Credentials for Digital Payments
https://www.bankofcanada.ca/2023/06/staff-working-paper-2023-33/
Digital payments and decentralized systems enable the creation of new financial products and services for users. One core challenge in digital payments is the need to protect users from fraud and abuse while retaining privacy in individual transactions. We propose a pseudonymous credential scheme for use in payment systems to tackle this problem.2023-06-09T10:19:39+00:00enPrivacy-Preserving Post-Quantum Credentials for Digital Payments2023-06-09Central bank researchDigital currencies and fintechPayment clearing and settlement systemsStaff Working Paper 2023-33https://www.bankofcanada.ca/wp-content/uploads/2023/06/swp2023-33.pdfPrivacy-Preserving Post-Quantum Credentials for Digital PaymentsRaza Ali KazmiDuc-Phong LeCyrus MinwallaJune 2023EE4E42GG2G21OO3O31Assessing global potential output growth and the US neutral rate: April 2023
https://www.bankofcanada.ca/2023/05/staff-analytical-note-2023-5/
We expect global potential output growth to increase from 2.5% in 2022 to 2.8% by 2026. Compared with the April 2022 staff assessment, global potential output growth is marginally slower. The current range for the US neutral rate is 2% to 3%, unchanged from the last annual assessment.2023-05-09T13:35:36+00:00enAssessing global potential output growth and the US neutral rate: April 20232023-05-09