Walter Engert - Latest - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T06:44:44+00:00Private Digital Cryptoassets as Investment? Bitcoin Ownership and Use in Canada, 2016-2021
https://www.bankofcanada.ca/2022/10/staff-working-paper-2022-44/
We report on the dynamics of Bitcoin awareness and ownership from 2016 to 2021, using the Bank of Canada's Bitcoin Omnibus Surveys (BTCOS). Our analysis also helps understand Bitcoin owners who adopted during the COVID-19 and how they differ from long-term owners. 2022-10-12T10:00:48+00:00enPrivate Digital Cryptoassets as Investment? Bitcoin Ownership and Use in Canada, 2016-20212022-10-12Bank notesDigital currencies and fintechEconometric and statistical methodsStaff Working Paper 2022-44https://www.bankofcanada.ca/wp-content/uploads/2022/10/swp2022-44.pdfPrivate Digital Cryptoassests as Investment? Bitcoin Ownership and Use in Canada, 2016-2021Daniela BalutelWalter EngertChristopher HenryKim HuynhMarcel VoiaOctober 2022CC1C12EE4OO5O51Are Canadian Banks Efficient? A Canada–U.S. Comparison
https://www.bankofcanada.ca/2006/09/working-paper-2006-33/
The authors compare the efficiency of Canada's largest banks with U.S. commercial banks over the past 20 years. Efficiency is measured in three ways.2006-09-03T16:18:40+00:00enAre Canadian Banks Efficient? A Canada–U.S. Comparison2006-09-03Financial institutionsWorking Paper 2006-33 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp06-33.pdfAre Canadian Banks Efficient? A Canada–U.S. ComparisonJason AllenWalter EngertYing LiuSeptember 2006CC3C33DD2D24GG2G21Uncertainty and Multiple Paradigms of the Transmission Mechanism
https://www.bankofcanada.ca/1998/04/working-paper-1998-7/
An important challenge facing central banks is making decisions under uncertainty about the dynamic effects of monetary policy actions. The authors stress the importance of explicitly recognizing uncertainty about the transmission mechanism when formulating policy advice. They argue that one way to manage monetary policy under uncertainty is to draw on both an output-gap paradigm […]1998-04-15T09:09:04+00:00enUncertainty and Multiple Paradigms of the Transmission Mechanism1998-04-15Monetary policy and uncertaintyMonetary policy frameworkWorking Paper 1998-7 https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp98-7.pdfUncertainty and Multiple Paradigms of the Transmission MechanismWalter EngertJack SelodyApril 1998EE5Forecasting Inflation with the M1-VECM: Part Two
https://www.bankofcanada.ca/1998/04/working-paper-1998-6/
A central bank's main concern is the general direction of future inflation, and not transitory fluctuations of the inflation rate. As a result, this paper is concerned with forecasting a simple measure of the trend of inflation, the eight-quarter CPI-inflation rate. The primary objective is to improve the M1-based vector-error-correction model (VECM) developed by Hendry […]1998-04-07T08:52:06+00:00enForecasting Inflation with the M1-VECM: Part Two1998-04-07Economic modelsInflation and pricesMonetary aggregatesWorking Paper 1998-6 https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp98-6.pdfForecasting Inflation with the M1-VECM: Part TwoWalter EngertScott HendryApril 1998CC3C5EE3E4E5A Distant-Early-Warning Model of Inflation Based on M1 Disequilibria
https://www.bankofcanada.ca/1996/04/working-paper-1996-5/
A vector error-correction model (VECM) that forecasts inflation between the current quarter and eight quarters ahead is found to provide significant leading information about inflation. The model focusses on the effects of deviations of M1 from its long-run demand but also includes, among other things, the influence of the exchange rate, a simple measure of the output gap and past prices.1996-04-01T15:11:56+00:00enA Distant-Early-Warning Model of Inflation Based on M1 Disequilibria1996-04-01Economic modelsMonetary aggregatesMonetary policy transmissionWorking Paper 1996-5 https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp96-5.pdfA Distant-Early-Warning Model of Inflation Based on M1 DisequilibriaJoseph Atta-MensahWalter EngertScott HendryJamie ArmourApril 1996EE3E37E5E52Overnight Rate Innovations as a Measure of Monetary Policy Shocks in Vector Autoregressions
https://www.bankofcanada.ca/1996/03/working-paper-1996-4/
The authors examine the Bank of Canada's overnight rate as a measure of monetary policy in vector autoregression (VAR) models. Since the time series of the Bank's current measure of the overnight rate begins only in 1971, the authors splice it to day loan rate observations to obtain a sufficiently long period of data.1996-03-01T14:59:13+00:00enOvernight Rate Innovations as a Measure of Monetary Policy Shocks in Vector Autoregressions1996-03-01Economic modelsMonetary and financial indicatorsWorking Paper 1996-4 https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp96-4.pdfOvernight Rate Innovations as a Measure of Monetary Policy Shocks in Vector AutoregressionsWalter EngertBen FungJamie ArmourMarch 1996EE5E52