David Tessier - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-19T01:08:22+00:00Firm Dynamics and Multifactor Productivity: An Empirical Exploration
https://www.bankofcanada.ca/2018/03/staff-working-paper-2018-15/
There are indications that business dynamism has declined in advanced economies. In particular, firm entry and exit rates have fallen, suggesting that the creative destruction process has lost some of its vitality. Meanwhile, productivity growth has slowed. Some believe that lower entry and exit rates partly explain the weaker productivity growth.2018-03-27T10:17:10+00:00enFirm Dynamics and Multifactor Productivity: An Empirical Exploration2018-03-27Firm dynamicsProductivityStaff Working Paper 2018-15https://www.bankofcanada.ca/wp-content/uploads/2018/03/swp2018-15.pdfFirm Dynamics and Multifactor Productivity: An Empirical ExplorationPierre St-AmantDavid TessierMarch 2018DD2D24MM1M13OO4O47Sectoral Default Rates under Stress: The Importance of Non-Linearities
https://www.bankofcanada.ca/wp-content/uploads/2012/01/fsr-0607-misina-tessier.pdf
2012-01-24T16:23:41+00:00enSectoral Default Rates under Stress: The Importance of Non-Linearities2012-01-24Stress Testing the Corporate Loans Portfolio of the Canadian Banking Sector
https://www.bankofcanada.ca/wp-content/uploads/2012/01/fsr-0607-misina.pdf
2012-01-24T15:23:15+00:00enStress Testing the Corporate Loans Portfolio of the Canadian Banking Sector2012-01-24Non-Linearities, Model Uncertainty, and Macro Stress Testing
https://www.bankofcanada.ca/2008/09/working-paper-2008-30/
A distinguishing feature of macro stress testing exercises is the use of macroeconomic models in scenario design and implementation. It is widely agreed that scenarios should be based on "rare but plausible" events that have either resulted in vulnerabilities in the past or could do so in the future.2008-09-08T11:38:56+00:00enNon-Linearities, Model Uncertainty, and Macro Stress Testing2008-09-08Financial stabilityWorking Paper 2008-30 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-30.pdfNon-Linearities, Model Uncertainty, and Macro Stress TestingMiroslav MisinaDavid TessierSeptember 2008CC1C15GG2G21G3G33Bank of Canada Participation in the 2007 FSAP Macro Stress-Testing Exercise
https://www.bankofcanada.ca/wp-content/uploads/2012/01/fsr-0608-coletti.pdf
2008-06-21T16:43:11+00:00enBank of Canada Participation in the 2007 FSAP Macro Stress-Testing Exercise2008-06-21Stress Testing the Corporate Loans Portfolio of the Canadian Banking Sector
https://www.bankofcanada.ca/2006/12/working-paper-2006-47/
Stress testing, at its most general level, is an investigation of the performance of an entity under abnormal operating conditions.2006-12-04T16:17:16+00:00enStress Testing the Corporate Loans Portfolio of the Canadian Banking Sector2006-12-04Financial institutionsFinancial stabilityWorking Paper 2006-47 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp06-47.pdfStress Testing the Corporate Loans Portfolio of the Canadian Banking SectorMiroslav MisinaDavid TessierShubhasis DeyDecember 2006CC1C15GG2G21G3G33Short-Run and Long-Run Causality between Monetary Policy Variables and Stock Prices
https://www.bankofcanada.ca/2006/10/working-paper-2006-39/
The authors examine simultaneously the causal links connecting monetary policy variables, real activity, and stock returns.2006-10-04T17:08:52+00:00enShort-Run and Long-Run Causality between Monetary Policy Variables and Stock Prices2006-10-04Monetary and financial indicatorsWorking Paper 2006-39 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp06-39.pdfShort-Run and Long-Run Causality between Monetary Policy Variables and Stock PricesJean-Marie DufourDavid TessierOctober 2006CC1C12C15C3C32C5C51C53EE5E52The U.S. Stock Market and Fundamentals: A Historical Decomposition
https://www.bankofcanada.ca/2003/07/working-paper-2003-20/
The authors identify the fundamentals behind the dynamics of the U.S. stock market over the past 30 years. They specify a structural vector-error-correction model following the methodology of King, Plosser, Stock, and Watson (1991).2003-07-01T15:53:34+00:00enThe U.S. Stock Market and Fundamentals: A Historical Decomposition2003-07-01Financial marketsWorking Paper 2003-20 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp03-20.pdfThe U.S. Stock Market and Fundamentals: A Historical DecompositionDavid DupuisDavid TessierJuly 2003GG1Supply Shocks and Real Exchange Rate Dynamics: Canadian Evidence
https://www.bankofcanada.ca/2002/11/working-paper-2002-31/
In this paper, we study the impact of supply shocks on the Canadian real exchange rate. We specify a structural vector-error-correction model that links the real exchange rate to different fundamentals.2002-11-01T12:45:07+00:00enSupply Shocks and Real Exchange Rate Dynamics: Canadian Evidence2002-11-01Exchange ratesWorking Paper 2002-31 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp02-31.pdfSupply Shocks and Real Exchange Rate Dynamics: Canadian EvidenceCéline GauthierDavid TessierNovember 2002CC3C32FF3F31Une analyse empirique du lien entre la productivité et le taux de change réel Canada-É-U
https://www.bankofcanada.ca/2000/11/working-paper-2000-22/
The relative productivity gap between Canada and the United States is a controversial subject matter. One argument especially contentious in this debate stems from the belief that the gradual depreciation of the Canadian dollar over the last 20 years has been one of the determinants of the productivity gap.2000-11-08T16:14:44+00:00frUne analyse empirique du lien entre la productivité et le taux de change réel Canada-É-U2000-11-08Working Paper 2000-22https://www.bankofcanada.ca/wp-content/uploads/2010/01/wp00-22.pdfUne analyse empirique du lien entre la productivité et le taux de change réel Canada-É-UDavid DupuisDavid TessierNovember 2000