Gabriella Velasco

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Gabriella Velasco

Canadian Economic Analysis

Bank of Canada
200 Granville Street, Suite 2710
Vancouver, BC, V6C 1S4

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A Three‐Frequency Dynamic Factor Model for Nowcasting Canadian Provincial GDP Growth

Staff Discussion Paper 2017-8 Tony Chernis, Calista Cheung, Gabriella Velasco
This paper estimates a three‐frequency dynamic factor model for nowcasting Canadian provincial gross domestic product (GDP). Canadian provincial GDP is released by Statistics Canada on an annual basis only, with a significant lag (11 months).

Changing Labour Market Participation Since the Great Recession: A Regional Perspective

Staff Discussion Paper 2015-2 Calista Cheung, Dmitry Granovsky, Gabriella Velasco
This paper discusses broad trends in labour force participation and part-time employment across different age groups since the Great Recession and uses provincial data to identify changes related to population aging, cyclical effects and other factors.

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