C5 - Econometric Modeling - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T06:56:49+00:00State Correlation and Forecasting: A Bayesian Approach Using Unobserved Components Models
https://www.bankofcanada.ca/2018/03/staff-working-paper-2018-14/
Implications for signal extraction from specifying unobserved components (UC) models with correlated or orthogonal innovations have been well investigated. In contrast, the forecasting implications of specifying UC models with different state correlation structures are less well understood.2018-03-16T10:40:23+00:00enState Correlation and Forecasting: A Bayesian Approach Using Unobserved Components Models2018-03-16Econometric and statistical methodsInflation and pricesStaff Working Paper 2018-14https://www.bankofcanada.ca/wp-content/uploads/2018/03/swp2018-14.pdf"State Correlation and Forecasting: A Bayesian Approach Using Unobserved Components Models"Luis UzedaMarch 2018CC1C11C15C5C51C53Can Media and Text Analytics Provide Insights into Labour Market Conditions in China?
https://www.bankofcanada.ca/2018/03/staff-working-paper-2018-12/
The official Chinese labour market indicators have been seen as problematic, given their small cyclical movement and their only-partial capture of the labour force. In our paper, we build a monthly Chinese labour market conditions index (LMCI) using text analytics applied to mainland Chinese-language newspapers over the period from 2003 to 2017.2018-03-12T14:28:11+00:00enCan Media and Text Analytics Provide Insights into Labour Market Conditions in China?2018-03-12Econometric and statistical methodsInternational topicsLabour marketsStaff Working Paper 2018-12https://www.bankofcanada.ca/wp-content/uploads/2018/03/swp2018-12.pdfCan Media and Text Analytics Provide Insights into Labour Market Conditions in China?Jeannine BailliuXinfen HanMark KrugerYu-Hsien LiuSri ThanabalasingamMarch 2018CC3C38C5C55EE2E24E27Dismiss the Gap? A Real-Time Assessment of the Usefulness of Canadian Output Gaps in Forecasting Inflation
https://www.bankofcanada.ca/2018/03/staff-working-paper-2018-10/
We use a new real-time database for Canada to study various output gap measures. This includes recently developed measures based on models incorporating many variables as inputs (and therefore requiring real-time data for many variables).2018-03-09T10:53:00+00:00enDismiss the Gap? A Real-Time Assessment of the Usefulness of Canadian Output Gaps in Forecasting Inflation2018-03-09Econometric and statistical methodsInflation and pricesPotential outputStaff Working Paper 2018-10https://www.bankofcanada.ca/wp-content/uploads/2018/03/swp2018-10.pdfDismiss the Gap? A Real-Time Assessment of the Usefulness of Canadian Output Gaps in Forecasting InflationLise PichetteMarie-Noƫlle RobitailleMohanad SalamehPierre St-AmantMarch 2018CC5C53EE3E37