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Variations in Pass-Through from Global Agricultural Commodity Prices to Domestic Food Inflation

Staff discussion paper 2023-24 Daniel Hyun, Jacky Lee
This paper examines factors that affect the transmission of fluctuations in global agricultural commodity prices to domestic food inflation.
October 8, 2010

Business Outlook Survey - Autumn 2010

Responses to the autumn survey suggest that the economic recovery is progressing. Firms remain positive about the outlook over the next 12 months, but they generally expect growth to be modest, owing in part to a weaker outlook for the U.S. economy.

Quantum Monte Carlo for Economics: Stress Testing and Macroeconomic Deep Learning

Using the quantum Monte Carlo algorithm, we study whether quantum computing can improve the run time of economic applications and challenges in doing so. We apply the algorithm to two models: a stress testing bank model and a DSGE model solved with deep learning. We also present innovations in the algorithm and benchmark it to classical Monte Carlo.

Forecasting Banks’ Corporate Loan Losses Under Stress: A New Corporate Default Model

Technical report No. 122 Gabriel Bruneau, Thibaut Duprey, Ruben Hipp
We present a new corporate default model, one of the building blocks of the Bank of Canada’s bank stress-testing infrastructure. The model is used to forecast corporate loan losses of the Canadian banking sector under stress.
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