Digitalization: Prices of Goods and Services
This paper outlines and assesses the various channels through which digitalization can affect prices of goods and services.
Staff discussion papers are completed staff research studies on a wide variety of subjects relevant to central bank policy.
Content older than 10 years is available on the Bank’s Open Access Repository.
5
result(s)
Digitalization: Definition and Measurement
Staff discussion paper 2023-20
Guyllaume Faucher,
Stéphanie Houle
This paper provides an overview of digitalization and its economic implications. We assess the scope of digitalization in Canada as well as the challenges related to its measurement.
Content Type(s):
Staff research,
Staff discussion papers
JEL Code(s):
E,
E0,
E01,
O,
O3,
O33,
O5,
O51
Research Theme(s):
Models and tools,
Economic models,
Structural challenges,
Digitalization and productivity
Digitalization: Implications for Monetary Policy
Staff discussion paper 2023-18
Vivian Chu,
Tatjana Dahlhaus,
Christopher Hajzler,
Pierre-Yves Yanni
We explore the implications of digitalization for monetary policy, both in terms of how monetary policy affects the economy and in terms of data analysis and communication with the public.
Content Type(s):
Staff research,
Staff discussion papers
JEL Code(s):
C,
C4,
C8,
E,
E3,
E31,
E32,
E5,
E52
Research Theme(s):
Models and tools,
Econometric, statistical and computational methods,
Economic models,
Monetary policy,
Monetary policy framework and transmission,
Structural challenges,
Digitalization and productivity
Digitalization: Productivity
Staff discussion paper 2023-17
Jeffrey Mollins,
Temel Taskin
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.
Content Type(s):
Staff research,
Staff discussion papers
JEL Code(s):
E,
E2,
L,
L1,
L11,
O,
O4,
O47,
O5,
O51
Research Theme(s):
Structural challenges,
Digitalization and productivity
Digitalization: Labour Markets
Staff discussion paper 2023-16
Alex Chernoff,
Gabriela Galassi
In this paper, the authors assess the relationship between digitalization and labour demand and supply, and how this relationship affects wages and income inequality. We also explore implications of recent digitalization trends for the future of work.
Content Type(s):
Staff research,
Staff discussion papers
JEL Code(s):
I,
I2,
I23,
J,
J2,
J23,
J24,
O,
O3,
O33
Research Theme(s):
Structural challenges,
Demographics and labour supply,
Digitalization and productivity