Sharon Kozicki - Bank Publications - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T05:19:49+00:00Making It Real: Bringing Research Models into Central Bank Projections
https://www.bankofcanada.ca/2023/12/staff-discussion-paper-2023-29/
Macroeconomic projections and risk analyses play an important role in guiding monetary policy decisions. Models are integral to this process. This paper discusses how the Bank of Canada brings research models and lessons learned from those models into the central bank projection environment.2023-12-11T11:19:01+00:00enMaking It Real: Bringing Research Models into Central Bank Projections2023-12-11Economic modelsMonetary policyStaff Discussion Paper 2023-29https://www.bankofcanada.ca/wp-content/uploads/2023/12/sdp2023-29.pdfMaking It Real: Bringing Research Models into Central Bank ProjectionsMarc-André GosselinSharon KozickiDecember 2023CC3C32C5C51EE3E37E4E47E5E52Financial System Review—2023
https://www.bankofcanada.ca/2023/05/financial-system-review-2023/
The adjustment to higher interest rates is exposing vulnerabilities in the global financial system. Recent banking sector stresses serve as a reminder that risks can arise and spread quickly. Key areas of concern are bank funding, liquidity in fixed income markets, and households’ ability to service their debts. Other financial system concerns relate to cyber attacks, climate change and cryptoasset markets.2023-05-18T10:00:53+00:00enFinancial System Review—20232023-05-18Summaries of Central Bank Policy Deliberations: A Canadian Context
https://www.bankofcanada.ca/2023/01/staff-discussion-paper-2023-2/
This paper provides the context, rationale and key considerations that informed the Bank of Canada’s decision to publish a summary of monetary policy deliberations. It includes an analysis of how other central banks disclose minutes and summaries of their monetary policy deliberations.2023-01-11T08:21:10+00:00enSummaries of Central Bank Policy Deliberations: A Canadian Context2023-01-11Monetary policy communicationsStaff Discussion Paper 2023-2https://www.bankofcanada.ca/wp-content/uploads/2023/01/sdp2023-2.pdfSummaries of Central Bank Policy Deliberations: A Canadian ContextMonica JainWalter MuiruriJonathan WitmerSharon KozickiJeremy HarrisonJanuary 2023DD8D83EE5E58Household differences and why they matter
https://www.bankofcanada.ca/2022/07/household-differences/
Differences in income, wealth and debt across households are important—for the economy, for the health of the financial system and for monetary policy.2022-07-04T14:00:03+00:00enHousehold differences and why they matter2022-07-04Financial System Review—2022
https://www.bankofcanada.ca/2022/06/financial-system-review-2022/
The Canadian financial system remains resilient, but vulnerabilities have become more complex and risks have grown. The Bank is carefully watching households’ high levels of mortgage debt, as well as the risks associated with a price correction in Canada’s housing market.2022-06-09T10:00:28+00:00enFinancial System Review—20222022-06-09Implementation and Effectiveness of Extended Monetary Policy Tools: Lessons from the Literature
https://www.bankofcanada.ca/2020/12/staff-discussion-paper-2020-16/
This paper summarizes the literature on the performance of various extended monetary policy tools when conventional policy rates are constrained by the effective lower bound. We highlight issues that may arise when these tools are used by central banks of small open economies.2020-12-23T11:29:51+00:00enImplementation and Effectiveness of Extended Monetary Policy Tools: Lessons from the Literature2020-12-23Monetary policyMonetary policy implementationMonetary policy transmissionStaff Discussion Paper 2020-16https://www.bankofcanada.ca/wp-content/uploads/2020/12/sdp2020-16.pdfStaff Discussion Paper 2020-16Grahame JohnsonSharon KozickiRomanos PriftisLena SuchanekJonathan WitmerJing YangDecember 2020EE5E52E58E6E63Price check: Inflation in Canada
https://www.bankofcanada.ca/2019/02/price-check-inflation-in-canada/
Why prices change, and what it means for the economy.2019-02-21T12:00:35+00:00enPrice check: Inflation in Canada2019-02-21Communicating Uncertainty in Monetary Policy
https://www.bankofcanada.ca/2017/11/staff-discussion-paper-2017-14/
While central banks cannot provide complete foresight with respect to their future policy actions, it is in the interests of both central banks and market participants that central banks be transparent about their reaction functions and how they may evolve in response to economic developments, shocks, and risks to their outlooks.2017-11-15T08:45:47+00:00enCommunicating Uncertainty in Monetary Policy2017-11-15CredibilityMonetary policyMonetary policy and uncertaintyMonetary policy communicationsStaff Discussion Paper 2017-14https://www.bankofcanada.ca/wp-content/uploads/2017/11/sdp2017-14.pdfCommunicating Uncertainty in Monetary PolicySharon KozickiJill VardyNovember 2017EE5E52E58E6E61E65Large-Scale Asset Purchases: Impact on Commodity Prices and International Spillover Effects
https://www.bankofcanada.ca/2015/06/working-paper-2015-21/
Prices of commodities, including metals, energy and agricultural products, rose markedly over the 2009–2010 period. Some observers have attributed a significant part of this increase in commodity prices to the U.S. Federal Reserve’s large-scale asset purchase (LSAP) programs.2015-06-22T07:32:39+00:00enLarge-Scale Asset Purchases: Impact on Commodity Prices and International Spillover Effects2015-06-22International topicsWorking Paper 2015-21https://www.bankofcanada.ca/wp-content/uploads/2015/06/wp2015-21.pdfLarge-Scale Asset Purchases: Impact on Commodity Prices and International Spillover EffectsSharon KozickiLena SuchanekEric SantorJune 2015EE5E58GG1G14QQ0Q00A New Data Set of Quarterly Total Factor Productivity in the Canadian Business Sector
https://www.bankofcanada.ca/2015/02/working-paper-2015-6/
In this paper, a quarterly growth-accounting data set is built for the Canadian business sector with the top-down approach of Diewert and Yu (2012). Inputs and outputs are measured and used to estimate the quarterly total factor productivity (TFP).2015-02-05T11:59:24+00:00enA New Data Set of Quarterly Total Factor Productivity in the Canadian Business Sector2015-02-05ProductivityWorking Paper 2015-6 https://www.bankofcanada.ca/wp-content/uploads/2015/02/wp2015-6.pdfA New Data Set of Quarterly Total Factor Productivity in the Canadian Business SectorShutao CaoSharon KozickiFebruary 2015DD2D24FF4F43OO4O47