D22 - Firm Behavior: Empirical Analysis - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T19:49:04+00:00Identifying the Degree of Collusion Under Proportional Reduction
https://www.bankofcanada.ca/2017/11/staff-working-paper-2017-51/
Proportional reduction is a common cartel practice in which cartel members reduce their output proportionately. We develop a method to quantify this reduction relative to a benchmark market equilibrium scenario and relate the reduction to the traditional conduct parameter.2017-11-23T11:55:01+00:00enIdentifying the Degree of Collusion Under Proportional Reduction2017-11-23Econometric and statistical methodsMarket structure and pricingStaff Working Paper 2017-51https://www.bankofcanada.ca/wp-content/uploads/2017/11/swp2017-51.pdfIdentifying the Degree of Collusion Under Proportional ReductionOleksandr ShcherbakovNaoki WakamoriNovember 2017CC3C36DD2D22LL4L41Digitalization and Inflation: A Review of the Literature
https://www.bankofcanada.ca/2017/11/staff-analytical-note-2017-20/
In the past few years, many have postulated that the possible disinflationary effects of digitalization could explain the subdued inflation in advanced economies. In this note, we review the evidence found in the literature. We look at three main channels.2017-11-02T07:58:05+00:00enDigitalization and Inflation: A Review of the Literature2017-11-02Digital Transformation in the Service Sector: Insights from Consultations with Firms in Wholesale, Retail and Logistics
https://www.bankofcanada.ca/2017/11/staff-analytical-note-2017-19/
Firms increasingly rely on digital technologies such as e-commerce, cloud computing, big data, digital tracking and digital platforms that are reshaping business operations, business models and market structures. In this context, the Bank of Canada consulted with firms in wholesale, retail and logistics, as well as with related industry associations to yield insights on the adoption of digital technologies.2017-11-01T15:35:50+00:00enDigital Transformation in the Service Sector: Insights from Consultations with Firms in Wholesale, Retail and Logistics2017-11-01What’s Up with Unit Non-Response in the Bank of Canada’s Business Outlook Survey? The Effect of Staff Tenure
https://www.bankofcanada.ca/2017/09/staff-discussion-paper-2017-11/
Since 1997, the Bank of Canada’s regional offices have been conducting the Business Outlook Survey (BOS), a quarterly survey of business conditions. Survey responses are gathered through face-to-face, confidential consultations with a sample of private sector firms representative of the various sectors, firm sizes and regions across Canada.2017-09-27T11:42:51+00:00enWhat’s Up with Unit Non-Response in the Bank of Canada’s Business Outlook Survey? The Effect of Staff Tenure2017-09-27Econometric and statistical methodsFirm dynamicsRegional economic developmentsStaff Discussion Paper 2017-11https://www.bankofcanada.ca/wp-content/uploads/2017/09/sdp2017-11.pdfWhat’s Up with Unit Non-Response in the Bank of Canada’s Business Outlook Survey? The Effect of Staff TenureSarah MillerDavid AmiraultLaurent MartinSeptember 2017CC2C21C8C81DD2D22Understanding Monetary Policy and its Effects: Evidence from Canadian Firms Using the Business Outlook Survey
https://www.bankofcanada.ca/2017/06/staff-working-paper-2017-24/
This paper shows (i) that business sentiment, as captured by survey data, matters for monetary policy decisions in Canada, and (ii) how business perspectives are affected by monetary policy shocks. Measures of business sentiment (soft data) are shown to have systematic explanatory power for monetary policy decisions over and above typical Taylor rule variables.2017-06-26T07:46:04+00:00enUnderstanding Monetary Policy and its Effects: Evidence from Canadian Firms Using the Business Outlook Survey2017-06-26Firm dynamicsInterest ratesMonetary policy transmissionStaff Working Paper 2017-24https://www.bankofcanada.ca/wp-content/uploads/2017/06/swp2017-24.pdfUnderstanding Monetary Policy and its Effects: Evidence from Canadian Firms Using the Business Outlook SurveyMatthieu VerstraeteLena SuchanekJune 2017DD2D22EE4E44E5E52