L11 - Production, Pricing, and Market Structure; Size Distribution of Firms - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T06:37:14+00:00Digitalization: Prices of Goods and Services
https://www.bankofcanada.ca/2023/10/staff-discussion-paper-2023-27/
This paper outlines and assesses the various channels through which digitalization can affect prices of goods and services.2023-10-31T13:26:19+00:00enDigitalization: Prices of Goods and Services2023-10-31DigitalizationInflation and pricesMarket structure and pricingMonetary policyStaff Discussion Paper 2023-27https://www.bankofcanada.ca/wp-content/uploads/2023/10/sdp2023-27.pdfDigitalization: Prices of Goods and ServicesVivian ChuTatjana DahlhausChristopher HajzlerOctober 2023DD2EE3E31E5E52LL1L11Digitalization: Productivity
https://www.bankofcanada.ca/2023/08/staff-discussion-paper-2023-17/
We examine the relationship between digitalization and productivity, the factors that influence this relationship, and how digitalization’s effect on productivity could change firm behaviour.2023-08-15T12:02:19+00:00enDigitalization: Productivity2023-08-15DigitalizationProductivityStaff Discussion Paper 2023-17https://www.bankofcanada.ca/wp-content/uploads/2023/08/sdp2023-17.pdfStaff Discussion Paper 2023-17Jeffrey MollinsTemel TaskinAugust 2023EE2LL1L11OO4O47O5O51The contribution of firm profits to the recent rise in inflation
https://www.bankofcanada.ca/2023/08/staff-analytical-note-2023-12/
We measure the contribution to inflation from the growth in markups of Canadian firms. The dynamics of inflation and markups suggest that changes in markups could account for less than one-tenth of inflation in 2021. Further, they suggest that peak inflation was driven primarily by changes in the costs of firms.2023-08-01T12:00:51+00:00enThe contribution of firm profits to the recent rise in inflation2023-08-01Market Concentration and Uniform Pricing: Evidence from Bank Mergers
https://www.bankofcanada.ca/2021/02/staff-working-paper-2021-9/
We show that US banks price deposits almost uniformly across their branches and that this pricing practice is more important than increases in local market concentration in explaining the deposit rate dynamics following bank mergers.2021-02-16T11:09:14+00:00enMarket Concentration and Uniform Pricing: Evidence from Bank Mergers2021-02-16Financial institutionsFinancial system regulation and policiesMarket structure and pricingStaff Working Paper 2021-9https://www.bankofcanada.ca/wp-content/uploads/2021/02/swp2021-9.pdfStaff Working Paper 2021-9João GranjaNuno PaixaoFebruary 2021DD4GG2G20G21G28G3G34LL1L11Why Fixed Costs Matter for Proof-of-Work Based Cryptocurrencies
https://www.bankofcanada.ca/2020/07/staff-working-paper-2020-27/
Can Bitcoin survive? Some say it will become vulnerable to attacks as the rewards for processing Bitcoin transactions continue to decline. The economics of fixed costs suggest the specialized hardware used to mine Bitcoin may be key to its survival.2020-07-06T14:15:40+00:00enWhy Fixed Costs Matter for Proof-of-Work Based Cryptocurrencies2020-07-06Digital currencies and fintechPayment clearing and settlement systemsStaff Working Paper 2020-27https://www.bankofcanada.ca/wp-content/uploads/2020/07/swp2020-27.pdfStaff Working Paper 2020-27Rodney J. GarrattMaarten van OordtJuly 2020GG1G10LL1L11Multi-Product Pricing: Theory and Evidence from Large Retailers in Israel
https://www.bankofcanada.ca/2020/04/staff-working-paper-2020-12/
Standard theories of price adjustment are based on the problem of a single-product firm, and therefore they may not be well suited to analyze price dynamics in the economy with multiproduct firms.2020-04-15T13:32:45+00:00enMulti-Product Pricing: Theory and Evidence from Large Retailers in Israel2020-04-15Inflation and pricesMarket structure and pricingMonetary policyStaff Working Paper 2020-12https://www.bankofcanada.ca/wp-content/uploads/2020/04/swp2020-12.pdfMulti-Product Pricing: Theory and Evidence from Large Retailers in IsraelMarco BonomoCarlos CarvalhoOleksiy KryvtsovSigal RibonRodolfo RigatoApril 2020DD2D21D22EE3E31E5E52LL1L11Amazon Effects in Canadian Online Retail Firm-Product-Level Data
https://www.bankofcanada.ca/2019/10/staff-working-paper-2019-42/
I use firm-product-level data for Canadian online retailers to study how product scope (the average number of product categories per firm) evolved from 1999 to 2012. During this period, product scope dropped monotonically from 59 to 5 product categories.2019-10-02T14:34:41+00:00enAmazon Effects in Canadian Online Retail Firm-Product-Level Data2019-10-02Firm dynamicsService sectorStaff Working Paper 2019-42https://www.bankofcanada.ca/wp-content/uploads/2019/10/swp2019-42.pdfAmazon Effects in Canadian Online Retail Firm-Product-Level DataAlex ChernoffOctober 2019DD2D22LL1L11L8L81The Scale and Scope of Online Retail
https://www.bankofcanada.ca/2018/06/staff-analytical-note-2018-19/
This paper studies the growth of online retail over the period 1999–2012, using confidential firm-product-level data for Canada. The revenue of online retailers is decomposed into the contributions of product scope (the number of product categories) and product scale (average revenue per product category).2018-06-21T10:55:59+00:00enThe Scale and Scope of Online Retail2018-06-21Trends in Firm Entry and New Entrepreneurship in Canada
https://www.bankofcanada.ca/2015/10/discussion-paper-2015-11/
Recently released data show downward trends for both the firm entry rate and the rate of new entrepreneurship since the early 1980s in Canada. This paper documents these trends and discusses potential explanations.2015-10-22T12:15:12+00:00enTrends in Firm Entry and New Entrepreneurship in Canada2015-10-22Firm dynamicsMarket structure and pricingProductivityDiscussion Paper 2015-11https://www.bankofcanada.ca/wp-content/uploads/2015/10/dp2015-11.pdfTrends in Firm Entry and New Entrepreneurship in CanadaShutao CaoMohanad SalamehMai SekiPierre St-AmantOctober 2015LL1L11MM1M13The Endogenous Relative Price of Investment
https://www.bankofcanada.ca/2015/07/working-paper-2015-30/
This paper takes a full-information model-based approach to evaluate the link between investment-specific technology and the inverse of the relative price of investment. The two-sector model presented includes monopolistic competition where firms can vary the markup charged on their product depending on the number of firms competing.2015-07-31T11:15:13+00:00enThe Endogenous Relative Price of Investment2015-07-31Business fluctuations and cyclesWorking Paper 2015-30https://www.bankofcanada.ca/wp-content/uploads/2015/07/wp2015-30.pdfThe Endogenous Relative Price of InvestmentJoel WagnerJuly 2015EE3E32LL1L11L16