6 July 2015 The Bank of Canada Releases the Summer Issues of the Business Outlook Survey and the Senior Loan Officer SurveyThe summer issues of the Business Outlook Survey and the Senior Loan Officer Survey will be released on Monday, 6 July 2015.
30 June 2015 Research Update - June 2015This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website.
On Sunday, 28 June 2015, Stephen S. Poloz, the Governor of the Bank of Canada, will participate in a panel discussion at the Bank for International Settlements’ Annual General Meeting.
This paper introduces new weighting schemes for model averaging when one is interested in combining discrete forecasts from competing Markov-switching models. In particular, we extend two existing classes of combination schemes – Bayesian (static) model averaging and dynamic model averaging – so as to explicitly reflect the objective of forecasting a discrete outcome.
This paper analyzes the macroeconomic impact of oil shocks in four of the largest oil-consuming Asian economies, using a structural vector autoregressive model. We identify three different types of oil shocks via sign restrictions: an oil supply shock, an oil demand shock driven by global economic activity and an oil-specific demand shock.
We use data from the Survey of Financial Security and the Survey of Household Spending to estimate the incidence and extent of income under-reporting in Canada in 1998 and 2004. We estimate that the proportion of households under-reporting income is roughly 35 to 50 per cent in both years.
On Thursday, 25 June 2015, Deputy Governor Lawrence Schembri of the Bank of Canada will speak before the Windsor-Essex Regional Chamber of Commerce.
Deputy Governor Lawrence Schembri discusses the need to address cross-border obstacles to greater financial integration.