Lynda Khalaf - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T07:13:34+00:00Structural Inflation Models with Real Wage Rigidities: The Case of Canada
https://www.bankofcanada.ca/2009/07/working-paper-2009-21/
Real wage rigidities have recently been proposed as a way of building intrinsic persistence in inflation within the context of New Keynesian Phillips Curves. Using two recent illustrative structural models, we evaluate empirically the importance of real wage rigidities in the data and the extent to which such models provide useful information regarding price stickiness.2009-07-12T15:38:01+00:00enStructural Inflation Models with Real Wage Rigidities: The Case of Canada2009-07-12Econometric and statistical methodsInflation and pricesLabour marketsWorking Paper 2009-21 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp09-21.pdfStructural Inflation Models with Real Wage Rigidities: The Case of CanadaJean-Marie DufourLynda KhalafMaral KichianJuly 2009CC1C13C5C52EE3E31Structural Multi-Equation Macroeconomic Models: Identification-Robust Estimation and Fit
https://www.bankofcanada.ca/2009/06/working-paper-2009-19/
Weak identification is likely to be prevalent in multi-equation macroeconomic models such as in dynamic stochastic general equilibrium setups. Identification difficulties cause the breakdown of standard asymptotic procedures, making inference unreliable.2009-06-03T15:56:27+00:00enStructural Multi-Equation Macroeconomic Models: Identification-Robust Estimation and Fit2009-06-03Econometric and statistical methodsInflation and pricesWorking Paper 2009-19 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp09-19.pdfStructural Multi-Equation Macroeconomic Models: Identification-Robust Estimation and FitJean-Marie DufourLynda KhalafMaral KichianJune 2009CC5C52C53EE3E37Assessing Indexation-Based Calvo Inflation Models
https://www.bankofcanada.ca/2009/02/working-paper-2009-7/
Using identification-robust methods, the authors estimate and evaluate for Canada and the United States various classes of inflation equations based on generalized structural Calvo-type models. The models allow for different forms of frictions and vary in their assumptions regarding the type of price indexation adopted by firms.2009-02-02T14:11:09+00:00enAssessing Indexation-Based Calvo Inflation Models2009-02-02Econometric and statistical methodsInflation and pricesWorking Paper 2009-7 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp09-7.pdfAssessing Indexation-Based Calvo Inflation ModelsJean-Marie DufourLynda KhalafMaral KichianFebruary 2009CC1C13C5C52EE3E31Forecasting Commodity Prices: GARCH, Jumps, and Mean Reversion
https://www.bankofcanada.ca/2006/04/working-paper-2006-14/
Fluctuations in the prices of various natural resource products are of concern in both policy and business circles; hence, it is important to develop accurate price forecasts.2006-04-04T11:59:01+00:00enForecasting Commodity Prices: GARCH, Jumps, and Mean Reversion2006-04-04Econometric and statistical methodsWorking Paper 2006-14 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp06-14.pdfForecasting Commodity Prices: GARCH, Jumps, and Mean ReversionJean-Thomas BernardLynda KhalafMaral KichianSebastien McMahonApril 2006CC5C52C53EE3E37Structural Change in Covariance and Exchange Rate Pass-Through: The Case of Canada
https://www.bankofcanada.ca/2006/02/working-paper-2006-2/
The authors address empirically the implications of structural breaks in the variance-covariance matrix of inflation and import prices for changes in pass-through.2006-02-02T12:12:22+00:00enStructural Change in Covariance and Exchange Rate Pass-Through: The Case of Canada2006-02-02Econometric and statistical methodsWorking Paper 2006-2 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp06-2.pdfStructural Change in Covariance and Exchange Rate Pass-Through: The Case of CanadaLynda KhalafMaral KichianFebruary 2006CC5C52EE3E31FF3F31F4F40Inflation Dynamics and the New Keynesian Phillips Curve: An Identification-Robust Econometric Analysis
https://www.bankofcanada.ca/2005/10/working-paper-2005-27/
The authors use identification-robust methods to assess the empirical adequacy of a New Keynesian Phillips curve (NKPC) equation.2005-10-01T11:18:22+00:00enInflation Dynamics and the New Keynesian Phillips Curve: An Identification-Robust Econometric Analysis2005-10-01Econometric and statistical methodsInflation and pricesWorking Paper 2005-27 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp05-27.pdfInflation Dynamics and the New Keynesian Phillips Curve: An Identification-Robust Econometric AnalysisJean-Marie DufourLynda KhalafMaral KichianOctober 2005CC1C13C5C52EE3E31Estimating New Keynesian Phillips Curves Using Exact Methods
https://www.bankofcanada.ca/2004/04/working-paper-2004-11/
The authors use simple new finite-sample methods to test the empirical relevance of the New Keynesian Phillips curve (NKPC) equation.2004-04-01T11:59:06+00:00enEstimating New Keynesian Phillips Curves Using Exact Methods2004-04-01Econometric and statistical methodsInflation and pricesWorking Paper 2004-11 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-11.pdfEstimating New Keynesian Phillips Curves Using Exact MethodsLynda KhalafMaral KichianApril 2004CC1C13C5C52EE3E31Structural Change and Forecasting Long-Run Energy Prices
https://www.bankofcanada.ca/2004/02/working-paper-2004-5/
The authors test the statistical significance of Pindyck's (1999) suggested class of econometric equations that model the behaviour of long-run real energy prices.2004-02-01T11:18:47+00:00enStructural Change and Forecasting Long-Run Energy Prices2004-02-01Econometric and statistical methodsWorking Paper 2004-5 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-5.pdfStructural Change and Forecasting Long-Run Energy PricesJean-Thomas BernardLynda KhalafMaral KichianFebruary 2004CC2C22C5C52C53QQ4Q40Testing the Stability of the Canadian Phillips Curve Using Exact Methods
https://www.bankofcanada.ca/2003/03/working-paper-2003-7/
Postulating two different specifications for the Canadian Phillips curve (a purely backwardlooking model, and a partly backward-, partly forward-looking model), the authors test for structural breaks in the parameters of the equation. In each case, they account for the possibilities that: (i) breaks can be discrete, or continuous, and (ii) available data samples may be too small to justify using asymptotically valid structural-change tests.2003-03-01T09:34:15+00:00enTesting the Stability of the Canadian Phillips Curve Using Exact Methods2003-03-01Econometric and statistical methodsWorking Paper 2003-7 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp03-7.pdfTesting the Stability of the Canadian Phillips Curve Using Exact MethodsLynda KhalafMaral KichianMarch 2003CC1C15C5C52EE3E31E37Testing the Pricing-to-Market Hypothesis: Case of the Transportation Equipment Industry
https://www.bankofcanada.ca/2000/05/working-paper-2000-8/
Pricing-to-market (PTM) theory suggests that monopolistic firms which export adjust their destination-specific markups in reaction to exchange rate shocks. These adjustments limit changes in the price of their exports.2000-05-07T15:27:30+00:00enTesting the Pricing-to-Market Hypothesis: Case of the Transportation Equipment Industry2000-05-07Econometric and statistical methodsMarket structure and pricingWorking Paper 2000-8 https://www.bankofcanada.ca/wp-content/uploads/2010/01/wp00-8.pdfTesting the Pricing-to-Market Hypothesis: Case of the Transportation Equipment IndustryLynda KhalafMaral KichianMay 2000CC1C12C15LL1L11L16