N - Economic History - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-19T13:15:56+00:00An Overview of the Indigenous Economy in Canada
https://www.bankofcanada.ca/2023/10/staff-discussion-paper-2023-25/
Several measures suggest economic outcomes have improved for Indigenous Peoples in recent decades. Yet, institutional settings and gaps in infrastructure and financing continue to hinder their economic progress. Recent efforts have helped address some data gaps, and new institutions are helping Indigenous communities to overcome historic barriers to growth.2023-10-13T12:25:29+00:00enAn Overview of the Indigenous Economy in Canada2023-10-13Central bank researchDevelopment economicsFinancial servicesLabour marketsMonetary policy transmissionRegional economic developmentsStaff Discussion Paper 2023-25https://www.bankofcanada.ca/wp-content/uploads/2023/10/sdp2023-25.pdfAn Overview of the Indigenous Economy in CanadaAlex ChernoffCalista CheungOctober 2023EE0E01E02NN4N41N42OO4O43PP4P48Income Inequality in Canada
https://www.bankofcanada.ca/2022/07/staff-discussion-paper-2022-16/
Data show that income inequality in Canada increased substantially during the 1980s and first half of the 1990s but has been relatively stable over the past 25 years. This increase was felt mainly by low-income earners and younger people, while older people benefited from higher retirement income.2022-07-27T07:13:13+00:00enIncome Inequality in Canada2022-07-27Central bank researchLabour marketsMonetary and financial indicatorsStaff Discussion Paper 2022-16https://www.bankofcanada.ca/wp-content/uploads/2022/07/sdp2022-16.pdfIncome Inequality in CanadaSarah BurkinshawYaz TerajimaCarolyn A. WilkinsJuly 2022DD3D31D6D63II2I24I3I32JJ3J31J32NN3N32Local Labor Markets in Canada and the United States
https://www.bankofcanada.ca/2019/03/staff-working-paper-2019-12/
We examine local labor markets in the United States and Canada from 1990 to 2011 using comparable household and business data. Wage levels and inequality rise with city population in both countries, albeit less in Canada.2019-03-29T15:22:10+00:00enLocal Labor Markets in Canada and the United States2019-03-29Labour marketsStaff Working Paper 2019-12https://www.bankofcanada.ca/wp-content/uploads/2019/04/swp2019-12.pdfLocal Labor Markets in Canada and the United StatesDavid AlbouyAlex ChernoffChandler LutzCasey WarmanMarch 2019JJ2J21J3J31J6J61NN3N32RR1R12Responding to the First Era of Globalization: Canadian Trade Policy, 1870–1913
https://www.bankofcanada.ca/2018/08/staff-working-paper-2018-42/
In this paper we document Canada’s trade policy response to late-nineteenth- and earlytwentieth-century globalization. We link newly digitized annual product-specific data on the value of Canadian imports and duties paid from 1870–1913 to establishment-specific production and location information drawn from the manuscripts of the 1871 industrial census.2018-08-27T14:15:38+00:00enResponding to the First Era of Globalization: Canadian Trade Policy, 1870–19132018-08-27Economic modelsInternational topicsTrade integrationStaff Working Paper 2018-42https://www.bankofcanada.ca/wp-content/uploads/2018/08/swp2018-42.pdfResponding to the First Era of Globalization: Canadian Trade Policy, 1870–1913Ian KeayPatrick AlexanderAugust 2018FF1F13F14F4F42F6F60NN7N71Canada’s Experience with Trade Policy
https://www.bankofcanada.ca/2018/01/staff-discussion-paper-2018-1/
This paper compiles the contemporary view on three major Canadian-led trade policies that have marked Canada’s economic history since Confederation: the National Policy (1879), the Canada–US Agreement on Automotive Products (Auto Pact, 1965) and the Canada–US Free Trade Agreement (FTA, 1989, including its extension to the North American Free Trade Agreement, NAFTA, 1994).2018-01-09T14:06:49+00:00enCanada’s Experience with Trade Policy2018-01-09International topicsTrade integrationStaff Discussion Paper 2018-1https://www.bankofcanada.ca/wp-content/uploads/2018/01/sdp2018-1.pdfCanada’s Experience with Trade PolicyKaryne B. CharbonneauDaniel de MunnikLaura MurphyJanuary 2018FF1F13NN7N71N72Firm Heterogeneity, Technological Adoption, and Urbanization: Theory and Measurement
https://www.bankofcanada.ca/2017/07/staff-working-paper-2017-27/
This paper develops a model of firm heterogeneity, technological adoption, and urbanization. In the model, welfare is measured by household real income, and urbanization is measured by population density. I use the model to derive statistics that measure the effect of a new technology on productivity, welfare, and urbanization.2017-07-19T16:46:02+00:00enFirm Heterogeneity, Technological Adoption, and Urbanization: Theory and Measurement2017-07-19Economic modelsProductivityRegional economic developmentsStaff Working Paper 2017-27https://www.bankofcanada.ca/wp-content/uploads/2017/07/swp2017-27.pdfFirm Heterogeneity, Technological Adoption, and Urbanization: Theory and MeasurementAlex ChernoffJuly 2017NN6N61OO1O14RR1R13The Welfare Effects of Protection: A General Equilibrium Analysis of Canada’s National Policy
https://www.bankofcanada.ca/2017/05/staff-working-paper-2017-18/
In this paper, we study the impact of Canada’s adoption of protectionist trade policy in 1879 on Canadian welfare. Under the National Policy the Canadian average weighted tariff increased from 14% to 21%. The conventional view is that this was a distortionary policy that negatively affected Canadian welfare.2017-05-16T09:44:03+00:00enThe Welfare Effects of Protection: A General Equilibrium Analysis of Canada’s National Policy2017-05-16Economic modelsInternational topicsTrade integrationStaff Working Paper 2017-18https://www.bankofcanada.ca/wp-content/uploads/2017/05/swp2017-18.pdfThe Welfare Effects of Protection: A General Equilibrium Analysis of Canada’s National PolicyPatrick AlexanderIan KeayMay 2017FF1F13F14F4F42F6F60NN7N71Quantitative Easing as a Policy Tool Under the Effective Lower Bound
https://www.bankofcanada.ca/2015/11/staff-discussion-paper-2015-14/
This paper summarizes the international evidence on the performance of quantitative easing (QE) as a monetary policy tool when conventional policy rates are constrained by the effective lower bound (ELB). A large body of evidence suggests that expanding the central bank’s balance sheet through large-scale asset purchases can provide effective stimulus under the ELB.2015-11-12T15:21:58+00:00enQuantitative Easing as a Policy Tool Under the Effective Lower Bound2015-11-12Central bank researchInternational topicsMonetary policy frameworkMonetary policy transmissionStaff Discussion Paper 2015-14https://www.bankofcanada.ca/wp-content/uploads/2015/11/dp2015-14.pdfQuantitative Easing as a Policy Tool Under the Effective Lower BoundAbeer RezaEric SantorLena SuchanekNovember 2015EE5E52E58E6E61E65NN1N10Fragmentation in Canadian Equity Markets
https://www.bankofcanada.ca/wp-content/uploads/2013/11/boc-review-autumn13-garriott.pdf
Changes in technology and regulation have resulted in an increasing number of trading venues in equity markets in Canada. New trading platforms have intensified price competition and have encouraged innovation, and they do not appear to have segmented trade. But the increasingly complex market structure has necessitated investments in expensive technology and has introduced new operational risks. Regulatory responses should be carefully adapted to retain the competition and innovation associated with this market fragmentation.2013-11-14T08:08:53+00:00enFragmentation in Canadian Equity Markets2013-11-14Canada and the IMF: Trailblazer or Prodigal Son?
https://www.bankofcanada.ca/2009/01/discussion-paper-2009-1/
Canada played an important role in the postwar establishment of the International Monetary Fund (IMF), yet it was also the first major member to challenge the orthodoxy of the BrettonWoods par value system by abandoning it in 1950 in favour of a floating, market-determined exchange rate.2009-01-29T10:11:19+00:00enCanada and the IMF: Trailblazer or Prodigal Son?2009-01-29Exchange rate regimesExchange ratesMonetary policy frameworkDiscussion Paper 2009-1https://www.bankofcanada.ca/wp-content/uploads/2010/01/dp09-1.pdfCanada and the IMF: Trailblazer or Prodigal Son?Michael BordoLawrence L. SchembriTamara GomesJanuary 2009EE5E52E58FF4F41F5F55NN7N72