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1290
result(s)
The Economic Theory of Retail Pricing: A Survey
Staff Working Paper 2004-8
Oana Secrieru
The types of contracts that arise in a typical vertical manufacturer–retailer relationship are more sophisticated than usually assumed in standard macroeconomic models.
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Market structure and pricing
JEL Code(s):
D,
D4,
D40,
L,
L2,
L22,
L4,
L42
The Demand for Money in a Stochastic Environment
Staff Working Paper 2004-7
Joseph Atta-Mensah
The author re-examines the demand-for-money theory in an intertemporal optimization model. The demand for real money balances is derived to be a function of real income and the rates of return of all financial assets traded in the economy.
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Monetary aggregates
JEL Code(s):
E,
E4,
E41,
E5,
E50,
G,
G1,
G11
Bank Capital, Agency Costs, and Monetary Policy
Staff Working Paper 2004-6
Césaire Meh,
Kevin Moran
Evidence suggests that banks, like firms, face financial frictions when raising funds.
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Business fluctuations and cycles,
Financial institutions,
Monetary policy transmission
JEL Code(s):
E,
E4,
E44,
E5,
E52,
G,
G2,
G21
Structural Change and Forecasting Long-Run Energy Prices
Staff Working Paper 2004-5
Jean-Thomas Bernard,
Lynda Khalaf,
Maral Kichian
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.
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Econometric and statistical methods
JEL Code(s):
C,
C2,
C22,
C5,
C52,
C53,
Q,
Q4,
Q40
A Structural Small Open-Economy Model for Canada
Staff Working Paper 2004-4
Stephen Murchison,
Andrew Rennison,
Zhenhua Zhu
The authors develop a small open-economy dynamic stochastic general-equilibrium (DSGE) model in an attempt to understand the dynamic relationships in Canadian macroeconomic data.
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Business fluctuations and cycles,
Economic models,
Inflation and prices
JEL Code(s):
E,
E2,
E3,
E5,
E52
Modélisation « PAC » du secteur extérieur de l'économie américaine
Staff Working Paper 2004-3
Marc-André Gosselin,
René Lalonde
In this paper, the authors use polynomial adjustment cost (PAC) models to analyze and forecast the main components of the U.S. trade sector.
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Domestic demand and components,
Econometric and statistical methods,
International topics
JEL Code(s):
C,
C3,
C32,
E,
E3,
E37,
F,
F4,
F47
Exact Tests of Equal Forecast Accuracy with an Application to the Term Structure of Interest Rates
Staff Working Paper 2004-2
Richard Luger
The author proposes a class of exact tests of the null hypothesis of exchangeable forecast errors and, hence, of the hypothesis of no difference in the unconditional accuracy of two competing forecasts.
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Econometric and statistical methods
JEL Code(s):
C,
C1,
C12,
C2,
C22,
C5,
C52,
C53
The Effect of Adjustment Costs and Organizational Change on Productivity in Canada: Evidence from Aggregate Data
Staff Working Paper 2004-1
Danny Leung
A basic neoclassical model of production is often used to assess the contribution of investment to output growth. In the model, investment raises the capital stock and output growth increases in proportion to the growth in capital.
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Productivity
JEL Code(s):
O,
O3,
O31,
O4,
O49
Common Trends and Common Cycles in Canadian Sectoral Output
Staff Working Paper 2003-44
Francisco Barillas,
Christoph Schleicher
The authors examine evidence of long- and short-run co-movement in Canadian sectoral output data. Their framework builds on a vector-error-correction representation that allows them to test for and compute full-information maximum-likelihood estimates of models with codependent cycle restrictions.
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Business fluctuations and cycles,
Econometric and statistical methods
JEL Code(s):
C,
C1,
C15,
C2,
C22,
C3,
C32,
E,
E3,
E32