O4 - Economic Growth and Aggregate Productivity - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-28T21:23:17+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 2023EE0E01E02NN4N41N42OO4O43PP4P48Digitalization: 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 2023EE2LL1L11OO4O47O5O51Assessing global potential output growth and the US neutral rate: April 2023
https://www.bankofcanada.ca/2023/05/staff-analytical-note-2023-5/
We expect global potential output growth to increase from 2.5% in 2022 to 2.8% by 2026. Compared with the April 2022 staff assessment, global potential output growth is marginally slower. The current range for the US neutral rate is 2% to 3%, unchanged from the last annual assessment.2023-05-09T13:35:36+00:00enAssessing global potential output growth and the US neutral rate: April 20232023-05-09Assessing global potential output growth and the US neutral rate: April 2022
https://www.bankofcanada.ca/2022/04/staff-analytical-note-2022-4/
We expect global potential output growth to increase from 2.7% in 2021 to 2.9% by 2024. Compared with the April 2021 assessment, global potential output growth is marginally slower. The current range for the US neutral rate is 2% to 3%, 0.25 percentage points higher than staff’s last assessment.2022-04-13T14:09:59+00:00enAssessing global potential output growth and the US neutral rate: April 20222022-04-13Contribution of Human Capital Accumulation to Canadian Economic Growth
https://www.bankofcanada.ca/2022/04/staff-discussion-paper-2022-7/
This paper quantifies the contribution of human capital accumulation to the growth of real gross domestic product (GDP) in Canada.2022-04-01T14:53:39+00:00enContribution of Human Capital Accumulation to Canadian Economic Growth2022-04-01Econometric and statistical methodsLabour marketsPotential outputProductivityStaff Discussion Paper 2022-7https://www.bankofcanada.ca/wp-content/uploads/2022/04/sdp2022-7.pdfStaff Discussion Paper 2022-7Audra BowlusYoungmin ParkChris RobinsonApril 2022DD2D24EE2E24JJ2J24J3J31OO4O47Transition Scenarios for Analyzing Climate-Related Financial Risk
https://www.bankofcanada.ca/2022/01/staff-discussion-paper-2022-1/
Climate transition scenarios clarify climate-related risks to our economy and financial system. This paper summarizes key results of Canada-relevant scenarios developed in a pilot project on climate risk by the Bank of Canada and the Office of the Superintendent of Financial Institutions.2022-01-13T14:04:27+00:00enTransition Scenarios for Analyzing Climate-Related Financial Risk2022-01-13Climate changeEconomic modelsFinancial stabilityInternational topicsStaff Discussion Paper 2022-1https://www.bankofcanada.ca/wp-content/uploads/2021/11/sdp2022-1.pdfY.-H. Henry ChenErik EnsOlivier GervaisHossein HosseiniCraig JohnstonSerdar KabacaMiguel MolicoSergey PaltsevAlex ProulxArgyn ToktamyssovJanuary 2022CC6C68DD5D58EE5E50OO4O44PP1P18QQ5Q54Overlooking 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?2021-05-25Assessing global potential output growth and the US neutral rate: April 2021
https://www.bankofcanada.ca/2021/04/staff-analytical-note-2021-5/
We expect global potential output growth to rise to 3 percent by 2022. Relative to the last assessment in October 2020, potential output growth has been revised up across all the regions. The range of the US neutral rate remains unchanged relative to the autumn 2020 assessment.2021-04-21T10:00:15+00:00enAssessing global potential output growth and the US neutral rate: April 20212021-04-21Allocative Efficiency and the Productivity Slowdown
https://www.bankofcanada.ca/2021/01/staff-working-paper-2021-1/
In our analysis of the US productivity slowdown in the 1970s and 2000s, we find that a significant portion of this deceleration can be attributed to a lack of improvement in allocative efficiency across sectors. Our analysis further identifies increased sector-level volatility as a major contributor to this lack of improvement in allocative efficiency.2021-01-07T12:55:03+00:00enAllocative Efficiency and the Productivity Slowdown2021-01-07Economic modelsProductivityStaff Working Paper 2021-1https://www.bankofcanada.ca/wp-content/uploads/2021/01/swp2021-1.pdfAllocative Efficiency and Aggregate Productivity Growth in Canada and the United StatesLin ShaoRongsheng TangJanuary 2021EE2E23OO4O47Assessing Global Potential Output Growth: October 2020
https://www.bankofcanada.ca/2020/11/staff-discussion-paper-2020-10/
This paper presents updated estimates of potential output growth for the global economy through 2022. Global potential output growth is expected to decline sharply in the aftermath of the COVID-19 pandemic and recover partially by the end of the projection horizon of the October 2020 Monetary Policy Report.2020-11-10T13:42:32+00:00enAssessing Global Potential Output Growth: October 20202020-11-10Potential outputProductivityStaff Discussion Paper 2020-10https://www.bankofcanada.ca/wp-content/uploads/2020/11/sdp2020-10.pdfAssessing Global Potential Output Growth: October 2020Xin Scott ChenAli JafferyGuillaume NolinKarim SalhabPeter ShannonSubrata SarkerNovember 2020EE1E10E2E20OO4