Stephanie Houle - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T00:44:01+00:00Identifying Nascent High-Growth Firms Using Machine Learning
https://www.bankofcanada.ca/2023/10/staff-working-paper-2023-53/
Firms that grow rapidly have the potential to usher in new innovations, products or processes (Kogan et al. 2017), become superstar firms (Haltiwanger et al. 2013) and impact the aggregate labour share (Autor et al. 2020; De Loecker et al. 2020). We explore the use of supervised machine learning techniques to identify a population of nascent high-growth firms using Canadian administrative firm-level data.2023-10-16T15:24:11+00:00enIdentifying Nascent High-Growth Firms Using Machine Learning2023-10-16Econometric and statistical methodsFirm dynamicsStaff Working Paper 2023-53https://www.bankofcanada.ca/wp-content/uploads/2023/10/swp2023-53.pdfIdentifying Nascent High-Growth Firms Using Machine LearningStephanie HouleRyan MacdonaldOctober 2023CC5C55C8C81LL2L25Digitalization: Definition and Measurement
https://www.bankofcanada.ca/2023/09/staff-discussion-paper-2023-20/
This paper provides an overview of digitalization and its economic implications. We assess the scope of digitalization in Canada as well as the challenges related to its measurement.2023-09-20T13:55:08+00:00enDigitalization: Definition and Measurement2023-09-20DigitalizationPotential outputStaff Discussion Paper 2023-20https://www.bankofcanada.ca/wp-content/uploads/2023/09/sdp2023-20.pdfStaff Discussion Paper 2023-20Guyllaume FaucherStephanie HouleSeptember 2023EE0E01OO3O33O5O51Turning Words into Numbers: Measuring News Media Coverage of Shortages
https://www.bankofcanada.ca/2023/03/staff-discussion-paper-2023-8/
We develop high-frequency, news-based indicators using natural language processing methods to analyze news media texts. Our indicators track both supply (raw, intermediate and final goods) and labour shortages over time. They also provide weekly time-varying topic narratives about various types of shortages.2023-03-31T13:55:17+00:00enTurning Words into Numbers: Measuring News Media Coverage of Shortages2023-03-31Coronavirus disease (COVID-19)Econometric and statistical methodsMonetary policy and uncertaintyRecent economic and financial developmentsStaff Discussion Paper 2023-8https://www.bankofcanada.ca/wp-content/uploads/2023/03/sdp2023-8.pdfStaff Discussion Paper 2023-8Lin ChenStephanie HouleMarch 2023CC5C55C8C82EE3E37Overlooking the online world: Does mismeasurement of the digital economy explain the productivity slowdown?
https://www.bankofcanada.ca/2021/05/staff-analytical-note-2021-10/
Since the mid-2000s, labour productivity has slowed down in Canada despite enormous technological advances that were expected to improve it. This note investigates whether mismeasurement of the digital economy can explain this paradox.2021-05-25T12:04:35+00:00enOverlooking the online world: Does mismeasurement of the digital economy explain the productivity slowdown?2021-05-25