Using Monthly Indicators to Predict Quarterly GDP
The authors build a model for predicting current-quarter real gross domestic product (GDP) growth using anywhere from zero to three months of indicators from that quarter.
Posts
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August 25, 2005
Bank of Canada Announces 2005 Recipients of Annual Law-Enforcement Award of Excellence for Counterfeit Deterrence
The Bank of Canada is pleased to announce the 2005 recipients of its annual Law-Enforcement Award of Excellence for Counterfeit Deterrence. -
August 11, 2005
Bank of Canada releases 2006 schedule of dates for its policy interest rate announcements
The announcement dates from September 2005 through December 2006 -
August 8, 2005
Review of the Government of Canada Debt Distribution Framework
Today, the findings of the review and Changes to the Government of Canada Debt Distribution Framework are being made public on the Bank's website. The changes will become effective in October 2005, following the update of the Terms of Participation and the Standard Terms for Government of Canada auctions. -
August 8, 2005
Changes to the Government of Canada Debt Distribution Framework
The purpose of the framework for distributing the government's debt securities is to raise stable, low-cost funding for the government and to support a well-functioning market for Government of Canada securities. -
The Effects of the Exchange Rate on Investment: Evidence from Canadian Manufacturing Industries
Using industry-level data for 22 Canadian manufacturing industries, the authors examine the relationship between exchange rates and investment during the period 1981–97. -
August 25, 2004
Bank of Canada Unveils New $20 Bank Note
The Bank of Canada today unveiled Canada's new $20 bank note, the theme of which is Arts and Culture. The new note was unveiled at a ceremony in Vancouver by the Honourable John McCallum, Minister of National Revenue (by videotape), and Paul Jenkins, Senior Deputy Governor of the Bank of Canada. -
August 24, 2004
The Efficiency of Canadian Capital Markets: Some Bank of Canada Research
Capital markets and their related financial instruments make an important contribution to the welfare of Canadians. The Bank of Canada is interested in the efficient functioning of capital markets through each of its responsibilities for monetary policy, the financial system, and funds management. Hendry and King highlight the key findings of Bank research published over the past year that addresses capital market efficiency and summarize lessons that have been learned. The research conducted thus far suggests that Canadian capital markets are efficient for a capital market of Canada's size but are less diverse than the U.S. capital markets, indicating that there is room for improvement in certain areas. -
August 24, 2004
Bank of Canada Review - Summer 2004
Cover page
Promissory Note, 1712
The note measures 28 cm x 16 cm and forms part of the National Currency Collection, Bank of Canada.
Photography by Gord Carter, Ottawa
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August 23, 2004
The Evolution of Liquidity in the Market for Government of Canada Bonds
Using turnover ratios, Anderson and Lavoie describe the recent evolution of liquidity in various secondary government bond markets, focusing specifically on the market for Government of Canada securities. They attribute much of the recent variation in liquidity to such cyclical factors as changes in the interest rate environment and investors' appetite for risk, as well as developments in equity markets in the late 1990s. They also examine longer-term structural and policy-related trends, including the rate of adoption of financial and technological innovations and the level of government borrowing and debt-management initiatives.