Research - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T13:26:37+00:00What Explains the Recent Increase in Canadian Corporate Bond Spreads
https://www.bankofcanada.ca/2017/03/staff-analytical-note-2017-2/
The spread between the yield of a corporate bond and the yield of a similar Government of Canada bond reflects compensation for possible default by the issuing firm and compensation for additional risks beyond default.2017-03-31T07:52:45+00:00enWhat Explains the Recent Increase in Canadian Corporate Bond Spreads2017-03-31The Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Estimation of the Total Private Cost for Large Businesses
https://www.bankofcanada.ca/2017/03/technical-report-110/
The Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods faced low response rates and outliers in sample data for two of its retailer strata: chains and large independent businesses. This technical report investigates whether it is appropriate to combine these two strata to produce more accurate estimates of the total private cost to large businesses of the main payment methods.2017-03-31T06:03:26+00:00enThe Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Estimation of the Total Private Cost for Large Businesses2017-03-31Econometric and statistical methodsTechnical report 110https://www.bankofcanada.ca/wp-content/uploads/2017/03/tr110.pdfThe Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Estimation of the Total Private Cost for Large BusinessesValéry Dongmo JiongoMarch 2017CC1C12C8C83The Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Calibration for Single-Location Retailers
https://www.bankofcanada.ca/2017/03/technical-report-109/
Calibrated weights are created to (a) reduce the nonresponse bias; (b) reduce the coverage error; and (c) make the weighted estimates from the sample consistent with the target population in terms of certain key variables.2017-03-31T06:02:03+00:00enThe Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Calibration for Single-Location Retailers2017-03-31Digital currencies and fintechEconometric and statistical methodsTechnical report 109https://www.bankofcanada.ca/wp-content/uploads/2017/03/tr109.pdfThe Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Calibration for Single-Location RetailersHeng ChenRallye ShenMarch 2017CC8C81C83The Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Sampling
https://www.bankofcanada.ca/2017/03/technical-report-108/
In 2015, the Bank of Canada undertook the large-scale Retailer Survey on the Cost of Payment Methods.2017-03-31T06:01:21+00:00enThe Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Sampling2017-03-31Central bank researchEconometric and statistical methodsTechnical report 108https://www.bankofcanada.ca/wp-content/uploads/2017/03/tr108.pdfThe Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: SamplingAngelika WelteMarch 2017CC8C81C83The Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Nonresponse
https://www.bankofcanada.ca/2017/03/technical-report-107/
Nonresponse is a considerable challenge in the Retailer Survey on the Cost of Payment Methods conducted by the Bank of Canada in 2015. There are two types of nonresponse in this survey: unit nonresponse, in which a business does not reply to the entire survey, and item nonresponse, in which a business does not respond to particular questions within the survey.2017-03-31T06:00:11+00:00enThe Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Nonresponse2017-03-31Central bank researchTechnical report 107https://www.bankofcanada.ca/wp-content/uploads/2017/03/tr107.pdfThe Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: NonresponseStan HatkoMarch 2017CC8C81C83The Costs of Point-of-Sale Payments in Canada
https://www.bankofcanada.ca/2017/03/staff-discussion-paper-2017-4/
Using data from our 2014 cost-of-payments survey, we calculate resource costs for cash, debit cards and credit cards. For each payment method, we examine the total cost incurred by consumers, retailers, financial institutions and infrastructures, the Royal Canadian Mint and the Bank of Canada.2017-03-28T12:37:45+00:00enThe Costs of Point-of-Sale Payments in Canada2017-03-28Bank notesDigital currencies and fintechFinancial institutionsPayment clearing and settlement systemsStaff Discussion Paper 2017‐4https://www.bankofcanada.ca/wp-content/uploads/2017/03/sdp2017-4.pdfThe Costs of Point-of-Sale Payments in CanadaAnneke KosseHeng ChenMarie-Hélène FeltValéry Dongmo JiongoKerry NieldAngelika WelteMarch 2017DD1D12D2D23D24EE4E41E42GG2G21LL2Small‐Sample Tests for Stock Return Predictability with Possibly Non‐Stationary Regressors and GARCH‐Type Effects
https://www.bankofcanada.ca/2017/03/staff-working-paper-2017-10/
We develop a simulation-based procedure to test for stock return predictability with multiple regressors. The process governing the regressors is left completely free and the test procedure remains valid in small samples even in the presence of non-normalities and GARCH-type effects in the stock returns.2017-03-10T08:29:32+00:00enSmall‐Sample Tests for Stock Return Predictability with Possibly Non‐Stationary Regressors and GARCH‐Type Effects2017-03-10Asset pricingEconometric and statistical methodsFinancial marketsStaff Working Paper 2017-10https://www.bankofcanada.ca/wp-content/uploads/2017/03/swp2017-10.pdfSmall‐Sample Tests for Stock Return Predictability with Possibly Non‐Stationary Regressors and GARCH‐Type EffectsSermin GungorRichard LugerMarch 2017CC1C12C3C32GG1G14