O33 - Technological Change: Choices and Consequences; Diffusion Processes - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T02:31:17+00:00Redefining 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 2023AA1A14EE4E42E5E50II3I31OO3O33O5O51Digitalization: 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: 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 2023II2I23JJ2J23J24OO3O33Trade and Diffusion of Embodied Technology: An Empirical Analysis
https://www.bankofcanada.ca/2023/04/staff-working-paper-2023-21/
Using data from patents, citations, inter-sectoral sales and customs, we examine the international diffusion of technology through imports of sectoral knowledge and production inputs. We develop an instrumental variable strategy to identify the causal effects of technology embodied in imports on innovation and diffusion outcomes.2023-04-13T11:00:44+00:00enTrade and Diffusion of Embodied Technology: An Empirical Analysis2023-04-13Development economicsInternational topicsProductivityTrade integrationStaff Working Paper 2023-21https://www.bankofcanada.ca/wp-content/uploads/2023/04/swp2023-21.pdfTrade and Diffusion of Embodied Technology: An Empirical AnalysisStephen AyerstFaisal IbrahimGaelan MacKenzieSwapnika RachapalliApril 2023FF1F14F6F61OO1O19O3O31O33Cash in the Pocket, Cash in the Cloud: Cash Holdings of Bitcoin Owners
https://www.bankofcanada.ca/2022/06/staff-working-paper-2022-26/
We estimate the effect that owning Bitcoin has on the amount of cash held by Canadian consumers. Our results question the view that adopting certain new technologies, such as Bitcoin, leads to a decline in cash holdings.2022-06-15T12:53:17+00:00enCash in the Pocket, Cash in the Cloud: Cash Holdings of Bitcoin Owners2022-06-15Bank notesDigital currencies and fintechEconometric and statistical methodsStaff Working Paper 2022-26https://www.bankofcanada.ca/wp-content/uploads/2022/06/swp2022-26.pdfCash in the Pocket, Cash in the Cloud: Cash Holdings of Bitcoin OwnersDaniela BalutelChristopher HenryKim HuynhMarcel VoiaJune 2022CC1C12EE4OO3O33O5O51Resilience of bank liquidity ratios in the presence of a central bank digital currency
https://www.bankofcanada.ca/2022/05/staff-analytical-note-2022-5/
Could Canadian banks continue to meet their regulatory liquidity requirements after the introduction of a cash-like retail central bank digital currency (CBDC)? We conduct a hypothetical exercise to estimate how a CBDC could affect bank liquidity by increasing the run-off rates of transactional retail deposits under four increasingly severe scenarios.2022-05-09T11:00:50+00:00enResilience of bank liquidity ratios in the presence of a central bank digital currency2022-05-09Bitcoin Adoption and Beliefs in Canada
https://www.bankofcanada.ca/2021/11/staff-working-paper-2021-60/
Using an economic model as well as survey data from the Bank of Canada, we study what factors influence the adoption of Bitcoin in Canada.2021-11-26T14:30:09+00:00enBitcoin Adoption and Beliefs in Canada2021-11-26Digital currencies and fintechEconometric and statistical methodsEconomic modelsStaff Working Paper 2021-60https://www.bankofcanada.ca/wp-content/uploads/2021/11/swp2021-60.pdfStaff Working Paper 2021-60Daniela BalutelChristopher HenryJorge VásquezMarcel VoiaNovember 2021DD8D83OO3O33Canadian job postings in digital sectors during COVID-19
https://www.bankofcanada.ca/2021/08/staff-analytical-note-2021-18/
Digital technologies have helped maintain economic activity while allowing people to remain physically distant throughout the COVID-19 crisis. This note shows that the number of online postings for jobs related to the production of digital technologies in Canada decreased less than the number for other jobs and recovered more quickly after lockdowns were lifted.2021-08-17T11:28:36+00:00enCanadian job postings in digital sectors during COVID-192021-08-17Overlooking the online world: Does mismeasurement of the digital economy explain the productivity slowdown?
https://www.bankofcanada.ca/2021/05/staff-analytical-note-2021-10/
Since the mid-2000s, labour productivity has slowed down in Canada despite enormous technological advances that were expected to improve it. This note investigates whether mismeasurement of the digital economy can explain this paradox.2021-05-25T12:04:35+00:00enOverlooking the online world: Does mismeasurement of the digital economy explain the productivity slowdown?2021-05-25Adoption of Digital Technologies: Insights from a Global Survey Initiative
https://www.bankofcanada.ca/2021/04/staff-discussion-paper-2021-7/
Firms are at the forefront of adopting new technology. Using survey data from a global network of central banks, we assess the effects of digitalization on firms’ pricing and employment decisions.2021-04-12T14:00:30+00:00enAdoption of Digital Technologies: Insights from a Global Survey Initiative2021-04-12Firm dynamicsInflation and pricesLabour marketsJames FudurichLena SuchanekLise PichetteApril 2021DD2D22EE3E31JJ2J21OO3O33