D - Microeconomics - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T20:04:03+00:00Bitcoin Adoption and Beliefs in Canada
https://www.bankofcanada.ca/2021/11/staff-working-paper-2021-60/
Using an economic model as well as survey data from the Bank of Canada, we study what factors influence the adoption of Bitcoin in Canada.2021-11-26T14:30:09+00:00enBitcoin Adoption and Beliefs in Canada2021-11-26Digital currencies and fintechEconometric and statistical methodsEconomic modelsStaff Working Paper 2021-60https://www.bankofcanada.ca/wp-content/uploads/2021/11/swp2021-60.pdfStaff Working Paper 2021-60Daniela BalutelChristopher HenryJorge VásquezMarcel VoiaNovember 2021DD8D83OO3O33The COVID-19 Consumption Game-Changer: Evidence from a Large-Scale Multi-Country Survey
https://www.bankofcanada.ca/2021/11/staff-working-paper-2021-57/
A multi-country consumer survey investigates why and how much households decreased their consumption in five key sectors after pandemic-related restrictions were lifted in Europe in July 2020. Beyond infection risk and precautionary saving motives, households also reported not missing some consumption items, which may indicate preference shifts and structural changes in the post-COVID-19 economy.2021-11-18T09:52:37+00:00enThe COVID-19 Consumption Game-Changer: Evidence from a Large-Scale Multi-Country Survey2021-11-18Coronavirus disease (COVID-19)Domestic demand and componentsFirm dynamicsFiscal policyRecent economic and financial developmentsStaff Working Paper 2021-57https://www.bankofcanada.ca/wp-content/uploads/2021/11/swp2021-57.pdfThe COVID-19 Consumption Game-Changer: Evidence from a Large-Scale Multi-Country SurveyAlexander HodbodCars HommesStefanie J. HuberIsabelle SalleNovember 2021DD1D12D8D81D84EE2E21E6E60E7E71Are Bank Bailouts Welfare Improving?
https://www.bankofcanada.ca/2021/11/staff-working-paper-2021-56/
Financial sector bailouts, while potentially beneficial during a crisis, might lead to excessive risk taking if anticipated. Taking expectations and aggregate risk implications into account, we show that bailouts can be welfare improving, but only if capital adequacy constraints are sufficiently tight.2021-11-09T15:51:59+00:00enAre Bank Bailouts Welfare Improving?2021-11-09Financial institutionsFinancial stabilityFinancial system regulation and policiesStaff Working Paper 2021-56https://www.bankofcanada.ca/wp-content/uploads/2021/11/swp2021-56.pdfStaff Working Paper 2021-56Malik ShukayevAlexander UeberfeldtNovember 2021DD6D62EE3E32E4E44GG0G01What Can Stockouts Tell Us About Inflation? Evidence from Online Micro Data
https://www.bankofcanada.ca/2021/10/staff-working-paper-2021-52/
Did supply disruptions and cost pressures play a role in rising inflation in 2020 during the COVID-19 pandemic? Using data collected from websites of large retailers in multiple sectors and countries, we show that shortages may indicate transitory inflationary pressures.2021-10-18T13:05:03+00:00enWhat Can Stockouts Tell Us About Inflation? Evidence from Online Micro Data2021-10-18Coronavirus disease (COVID-19)Inflation and pricesStaff Working Paper 2021-52https://www.bankofcanada.ca/wp-content/uploads/2021/10/swp2021-52.pdfWhat Can Stockouts Tell Us About Inflation? Evidence from Online Micro DataAlberto CavalloOleksiy KryvtsovOctober 2021DD2D22EE3E31E37Can the characteristics of new mortgages predict borrowers’ financial stress? Insights from the 2014 oil price decline
https://www.bankofcanada.ca/2021/09/staff-analytical-note-2021-22/
We study the relationship between characteristics of new mortgages and borrowers’ financial stress in Canada’s energy-intensive regions following the 2014 collapse in oil prices. We find that borrowers with limited home equity were more likely to have difficulty repaying debt.2021-09-22T15:00:12+00:00enCan the characteristics of new mortgages predict borrowers’ financial stress? Insights from the 2014 oil price decline2021-09-22Payment Habits During COVID-19: Evidence from High-Frequency Transaction Data
https://www.bankofcanada.ca/2021/09/staff-working-paper-2021-43/
We examine how consumers have adjusted their payment habits during the COVID-19 pandemic. They seem to perform fewer transactions, spend more in each transaction, use less cash at the point of sale and withdraw cash from ATMs linked to their financial institution more often than from other ATMs.2021-09-10T09:14:25+00:00enPayment Habits During COVID-19: Evidence from High-Frequency Transaction Data2021-09-10Coronavirus disease (COVID-19)Domestic demand and componentsPayment clearing and settlement systemsRecent economic and financial developmentsStaff Working Paper 2021-43https://www.bankofcanada.ca/wp-content/uploads/2021/09/swp2021-43.pdfPayment Habits During COVID-19: Evidence from High-Frequency Transaction DataTatjana DahlhausAngelika WelteSeptember 2021CC2C22C5C55DD1D12EE2E21E4E42E5E52Household financial vulnerabilities and physical climate risks
https://www.bankofcanada.ca/2021/08/staff-analytical-note-2021-19/
Natural disasters occur more often than before, potentially exposing households to financial distress. We study the intersection between household financial vulnerabilities and severe weather events.2021-08-23T13:00:51+00:00enHousehold financial vulnerabilities and physical climate risks2021-08-23Centralizing Over-the-Counter Markets?
https://www.bankofcanada.ca/2021/08/staff-working-paper-2021-39/
Would a shift in trading in fixed-income markets—from over the counter (bilateral trading) to a centralized electronic platform—improve welfare? We use trade-level data on the secondary market for Government of Canada debt to answer this question.2021-08-12T15:49:14+00:00enCentralizing Over-the-Counter Markets?2021-08-12Financial institutionsMarket structure and pricingStaff Working Paper 2021-39https://www.bankofcanada.ca/wp-content/uploads/2021/08/swp2021-39.pdfCentralizing Over-the-Counter Markets?Jason AllenMilena WittwerAugust 2021DD4D40D47GG1G10G2G20LL1L10Small and smaller: How the economic outlook of small firms relates to size
https://www.bankofcanada.ca/2021/07/staff-analytical-note-2021-14/
Firms with fewer than 100 workers employ about 65 percent of the total labour force in Canada. An online survey experiment was conducted with firms of this size in Canada in 2018–19. We compare the responses of small and micro firms to explore how their characteristics and economic outlooks relate to their size.2021-07-05T13:59:28+00:00enSmall and smaller: How the economic outlook of small firms relates to size2021-07-05The Effects of Government Licensing on E-commerce: Evidence from Alibaba
https://www.bankofcanada.ca/2021/07/staff-working-paper-2021-32/
How does government licensing affect selling on online platforms? We examine the impact of China’s 2015 Food Safety Law on sellers and buyers on Alibaba, the largest e-commerce platform in that country.2021-07-05T08:42:01+00:00enThe Effects of Government Licensing on E-commerce: Evidence from Alibaba2021-07-05Market structure and pricingRecent economic and financial developmentsStaff Working Paper 2021-32https://www.bankofcanada.ca/wp-content/uploads/2021/07/swp2021-32.pdfThe Effects of Government Licensing on E-commerce: Evidence from AlibabaGinger Zhe JinZhentong LuXiaolu ZhouChunxiao LiJuly 2021DD8D82KK2K23LL5L8L81