O31 - Innovation and Invention: Processes and Incentives - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T18:24:23+00:00Anonymous Credentials: Secret-Free and Quantum-Safe
https://www.bankofcanada.ca/2023/09/staff-working-paper-2023-50/
An anonymous credential mechanism is a set of protocols that allows users to obtain credentials from an organization and demonstrate ownership of these credentials without compromising users’ privacy. In this work, we construct the first secret-free and quantum-safe credential mechanism.2023-09-28T14:30:48+00:00enAnonymous Credentials: Secret-Free and Quantum-Safe2023-09-28Central bank researchDigital currencies and fintechPayment clearing and settlement systemsStaff Working Paper 2023-50https://www.bankofcanada.ca/wp-content/uploads/2023/09/swp2023-50.pdfStaff Working Paper 2023-50Raza Ali KazmiCyrus MinwallaSeptember 2023EE4E42GG2G21OO3O31Privacy-Preserving Post-Quantum Credentials for Digital Payments
https://www.bankofcanada.ca/2023/06/staff-working-paper-2023-33/
Digital payments and decentralized systems enable the creation of new financial products and services for users. One core challenge in digital payments is the need to protect users from fraud and abuse while retaining privacy in individual transactions. We propose a pseudonymous credential scheme for use in payment systems to tackle this problem.2023-06-09T10:19:39+00:00enPrivacy-Preserving Post-Quantum Credentials for Digital Payments2023-06-09Central bank researchDigital currencies and fintechPayment clearing and settlement systemsStaff Working Paper 2023-33https://www.bankofcanada.ca/wp-content/uploads/2023/06/swp2023-33.pdfPrivacy-Preserving Post-Quantum Credentials for Digital PaymentsRaza Ali KazmiDuc-Phong LeCyrus MinwallaJune 2023EE4E42GG2G21OO3O31Trade and Diffusion of Embodied Technology: An Empirical Analysis
https://www.bankofcanada.ca/2023/04/staff-working-paper-2023-21/
Using data from patents, citations, inter-sectoral sales and customs, we examine the international diffusion of technology through imports of sectoral knowledge and production inputs. We develop an instrumental variable strategy to identify the causal effects of technology embodied in imports on innovation and diffusion outcomes.2023-04-13T11:00:44+00:00enTrade and Diffusion of Embodied Technology: An Empirical Analysis2023-04-13Development economicsInternational topicsProductivityTrade integrationStaff Working Paper 2023-21https://www.bankofcanada.ca/wp-content/uploads/2023/04/swp2023-21.pdfTrade and Diffusion of Embodied Technology: An Empirical AnalysisStephen AyerstFaisal IbrahimGaelan MacKenzieSwapnika RachapalliApril 2023FF1F14F6F61OO1O19O3O31O33A central bank digital currency for offline payments
https://www.bankofcanada.ca/2023/02/staff-analytical-note-2023-2/
Offline functionality is a key consideration for a potential CBDC. We describe the different types of offline functionality based on their duration outside of network connection—either intermittent (for short periods) or extended (for longer periods). We discuss the advantages and drawbacks of each and consider implications for end-user devices, system resilience and universal accessibility.2023-02-24T10:51:26+00:00enA central bank digital currency for offline payments2023-02-24Security of a CBDC
https://www.bankofcanada.ca/2020/06/staff-analytical-note-2020-11/
Security is an important element in ensuring public confidence in a central bank digital currency (CBDC). This note highlights the required security properties of a CBDC system and the challenges encountered with existing solutions, should the Bank of Canada choose to issue one.2020-06-24T14:01:23+00:00enSecurity of a CBDC2020-06-24Designing a CBDC for universal access
https://www.bankofcanada.ca/2020/06/staff-analytical-note-2020-10/
If the Bank of Canada issues a central bank digital currency, the technology should be designed for universal access.2020-06-24T14:00:12+00:00enDesigning a CBDC for universal access2020-06-24Technology Approach for a CBDC
https://www.bankofcanada.ca/2020/02/staff-analytical-note-2020-6/
In this note, we highlight a range of technical options and considerations in designing a contingent system for a central bank digital currency (CBDC) in Canada and explore how these options achieve stated public policy goals.2020-02-25T06:02:49+00:00enTechnology Approach for a CBDC2020-02-25Firm Strategy, Competitiveness and Productivity: The Case for Canada
https://www.bankofcanada.ca/wp-content/uploads/2014/11/boc-review-autumn14-rennison.pdf
At a time when the Bank is expecting a rotation of demand toward exports and investment, and transformative global trends are placing increasing emphasis on innovation, technology and organizational learning, an understanding of the competitiveness strategies of Canadian firms and the factors affecting them has become particularly relevant. This article summarizes findings from a Bank of Canada survey of 151 firms designed to extract signals on elements of firm strategy and organizational capital in order to help inform the macroeconomic outlook.2014-11-13T08:36:19+00:00enFirm Strategy, Competitiveness and Productivity: The Case for Canada2014-11-13Inflation and Growth: A New Keynesian Perspective
https://www.bankofcanada.ca/2012/07/working-paper-2012-23/
The long-run relation between growth and inflation has not yet been studied in the context of nominal price and wage rigidities, despite the fact that these rigidities now figure prominently in workhorse macroeconomic models.2012-07-27T12:25:35+00:00enInflation and Growth: A New Keynesian Perspective2012-07-27Inflation: costs and benefitsWorking Paper 2012-23https://www.bankofcanada.ca/wp-content/uploads/2012/07/wp2012-23.pdfInflation and Growth: A New Keynesian PerspectiveRobert AmanoThomas J. CarterKevin MoranJuly 2012EE3E31E5E52OO3O31O4O42Understanding Productivity: A Review of Recent Technical Research
https://www.bankofcanada.ca/2008/02/discussion-paper-2008-3/
The authors provide an extensive review of the rapidly expanding research on productivity, both at the macro and micro levels. They focus primarily on papers written about Canada, but also draw on selected studies from other countries, especially the United States, where such work sheds important light on particular aspects of productivity growth. The authors […]2008-02-21T12:56:11+00:00enUnderstanding Productivity: A Review of Recent Technical Research2008-02-21ProductivityDiscussion Paper 2008-3https://www.bankofcanada.ca/wp-content/uploads/2010/01/dp08-3.pdfUnderstanding Productivity: A Review of Recent Technical ResearchRichard DionRobert FayFebruary 2008DD2D24OO3O31O4O40O47