Research - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T11:16:19+00:00A Discussion of the Reliability of Results Obtained with Long-Run Identifying Restrictions
https://www.bankofcanada.ca/1998/03/working-paper-1998-4/
In a recent article, Faust and Leeper (1997) discuss reasons why inference from structural VARs identified with long-run restrictions may not be reliable. In this paper, the authors argue that there are reasons to believe that Faust and Leeper's arguments are not devastating in practice. First, simulation exercises suggest that this approach does well when […]1998-03-07T08:33:33+00:00enA Discussion of the Reliability of Results Obtained with Long-Run Identifying Restrictions1998-03-07Econometric and statistical methodsWorking Paper 1998-4 https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp98-4.pdfA Discussion of the Reliability of Results Obtained with Long-Run Identifying RestrictionsPierre St-AmantDavid TessierMarch 1998CC3Tendance des dépenses publiques et de l'inflation et évolution comparative du taux de chômage au Canada et aux États-Unis
https://www.bankofcanada.ca/1998/03/working-paper-1998-3/
The authors' purpose in this paper is to isolate the respective contributions of budgetary and monetary policy in Canada and the United States to the behaviour of unemployment rates in the two countries. Their method consists of estimating VAR models and using long-term identification restrictions to perform a structural analysis. Budgetary policy shocks are defined […]1998-03-05T08:19:44+00:00frTendance des dépenses publiques et de l'inflation et évolution comparative du taux de chômage au Canada et aux États-Unis1998-03-05Fiscal policyWorking Paper 1998-3https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp98-3.pdfTendance des dépenses publiques et de l'inflation et évolution comparative du taux de chômage au Canada et aux États-UnisPierre St-AmantDavid TessierMarch 1998EE6The Financial Services Sector: Past Changes and Future Prospects
https://www.bankofcanada.ca/1998/03/technical-report-no82/
The financial services industry has been undergoing significant change in recent years. This paper analyzes some key developments affecting the industry and examines some important issues facing the industry and its regulators.1998-03-01T14:54:52+00:00enThe Financial Services Sector: Past Changes and Future Prospects1998-03-01Financial servicesTechnical Report 82 https://www.bankofcanada.ca/wp-content/uploads/2010/01/tr82.pdfThe Financial Services Sector: Past Changes and Future Prospects Charles FreedmanClyde GoodletMarch 1998GG2The Canadian Banking System
https://www.bankofcanada.ca/1998/03/technical-report-no81/
This paper examines the major changes in the Canadian banking system since the Second World War, with special attention paid to the differences between Canadian and U.S. developments over this period.1998-03-01T14:47:34+00:00enThe Canadian Banking System1998-03-01Financial institutionsTechnical Report 81 https://www.bankofcanada.ca/wp-content/uploads/2010/01/tr81.pdfThe Canadian Banking SystemCharles FreedmanMarch 1998GG2