C9 - Design of Experiments - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T08:28:28+00:00What to Target? Insights from a Lab Experiment
https://www.bankofcanada.ca/2021/10/staff-working-paper-2021-53/
In a laboratory experiment, we ask participants to predict inflation using three different policy regimes: inflation targeting—with and without greater communication of the target—average inflation targeting and price level targeting. We use participants’ predictions to compare the level and stability of inflation under each regime.2021-10-28T11:10:52+00:00enWhat to Target? Insights from a Lab Experiment2021-10-28Inflation targetsMonetary policy communicationsMonetary policy frameworkStaff Working Paper 2021-53https://www.bankofcanada.ca/wp-content/uploads/2021/10/swp2021-53.pdfStaff Working Paper 2021-53Isabelle SalleOctober 2021CC9C92EE3E31E5E52E7Cash and COVID-19: The impact of the second wave in Canada
https://www.bankofcanada.ca/2021/07/staff-discussion-paper-2021-12/
The COVID-19 pandemic significantly increased the demand for cash. Cash in circulation increased sharply from March through December 2020, particularly in the early months of this period. Although use of electronic methods of payment also increased significantly, cash use for payments remains high for low-value transactions and among certain demographic groups.2021-07-23T15:11:14+00:00enCash and COVID-19: The impact of the second wave in Canada2021-07-23Bank notesCentral bank researchCoronavirus disease (COVID-19)Digital currencies and fintechEconometric and statistical methodsStaff Discussion Paper 2021-12https://www.bankofcanada.ca/wp-content/uploads/2021/07/sdp2021-12.pdfStaff Discussion Paper 2021-12Heng ChenWalter EngertMarie-Hélène FeltKim HuynhGradon NichollsDaneal O’HabibJulia ZhuJuly 2021CC1C12C9EE4OO5O54How Long is Forever in the Laboratory? Three Implementations of an Infinite-Horizon Monetary Economy
https://www.bankofcanada.ca/2021/04/staff-working-paper-2021-16/
Standard monetary models adopt an infinite horizon with discounting. Testing these models in the lab requires implementing this horizon within a limited time frame. We compare three approaches to such an implementation and discuss their relative advantages.2021-04-05T07:50:27+00:00enHow Long is Forever in the Laboratory? Three Implementations of an Infinite-Horizon Monetary Economy2021-04-05Central bank researchEconomic modelsInflation and pricesStaff Working Paper 2021-16https://www.bankofcanada.ca/wp-content/uploads/2021/04/swp2021-16.pdfHow Long is Forever in the Laboratory? Three Implementations of an Infinite-Horizon Monetary EconomyJanet Hua JiangDaniela PuzzelloCathy ZhangApril 2021CC9C92DD8D83EE4E40Cash and COVID-19: The Effects of Lifting Containment Measures on Cash Demand and Use
https://www.bankofcanada.ca/2021/03/staff-discussion-paper-2021-3/
Using Bank Note Distribution System data on the demand for cash up to September 2020, we find that demand was strong. This is true even though cash use for payments declined early in the pandemic. When mobility restrictions and lockdown measures were eased, cash use for payments increased sharply but remained less popular than electronic methods of payment.2021-03-02T11:40:06+00:00enCash and COVID-19: The Effects of Lifting Containment Measures on Cash Demand and Use2021-03-02Bank notesCentral bank researchCoronavirus disease (COVID-19)Digital currencies and fintechEconometric and statistical methodsStaff Discussion Paper 2021-3https://www.bankofcanada.ca/wp-content/uploads/2021/03/sdp2021-3.pdfCash and COVID-19: The Effects of Lifting Containment Measures on Cash Demand and UseHeng ChenWalter EngertKim HuynhGradon NichollsJulia ZhuMarch 2021CC1C12C9EE4OO5O54