The Distributional Origins of the Canada-US GDP and Labour Productivity Gaps Staff working paper 2024-49 James (Jim) C. MacGee, Joel Rodrigue We find the top 10% of the income distribution accounts for three-quarters of the gap in GDP per adult between Canada and the United States. The large gaps in income for high-income earners help distinguish between alternative explanations of this persistent gap in GDP per adult. Content Type(s): Staff research, Staff working papers JEL Code(s): D, D3, D31, E, E2, E24, J, J2, J24, J6, J61, N, N1, N12, O, O4, O47, O5, O51 Research Theme(s): Monetary policy, Real economy and forecasting, Structural challenges, Demographics and labour supply, Digitalization and productivity
Familiarity with Crypto and Financial Concepts: Cryptoasset Owners, Non-Owners, and Gender Differences Staff working paper 2024-48 Daniela Balutel, Walter Engert, Christopher Henry, Kim Huynh, Doina Rusu, Marcel Voia Measuring cryptoasset knowledge alongside financial knowledge enhances our understanding of individuals' decisions to purchase cryptoassets. This paper uses microdata from the Bank of Canada’s Bitcoin Omnibus Survey to examine gender differences and the interrelationship between crypto and financial knowledge through an empirical joint analysis. Content Type(s): Staff research, Staff working papers JEL Code(s): C, C8, C81, D, D1, D14, D9, D91, G, G5, G53, O, O5, O51 Research Theme(s): Models and tools, Econometric, statistical and computational methods, Money and payments, Digital assets and fintech
December 16, 2024 Summary of Comments – Fall 2024 Debt Management Strategy Consultations Today, the Fall 2024 Debt Management Strategy Consultations Summary is being published, following the release of the Government of Canada’s 2024 Fall Economic Statement. Content Type(s): Press, Market notices
December 16, 2024 Summary of Comments – Fall 2024 Debt Distribution Framework Review Consultations Today, the Fall 2024 Debt Distribution Framework Review Consultations Summary is being published, following the release of the Government of Canada’s 2024 Fall Economic Statement. Content Type(s): Press, Market notices
December 16, 2024 Speech by Tiff Macklem, Governor of the Bank of Canada On Monday, December 16, 2024, Tiff Macklem, Governor of the Bank of Canada, will speak before the Greater Vancouver Board of Trade. Content Type(s): Press, Media advisories
December 16, 2024 Lessons for the future Speech summary Tiff Macklem Greater Vancouver Board of Trade Vancouver, British Columbia In his year-end remarks, Governor Tiff Macklem discusses what the Bank of Canada learned from the pandemic experience and outlines how the Bank is preparing for a more uncertain future. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
December 16, 2024 Delivering price stability: Learning from the past, preparing for the future Remarks Tiff Macklem Greater Vancouver Board of Trade Vancouver, British Columbia Governor Tiff Macklem reflects on the lessons learned from the pandemic and its aftermath and outlines how the Bank is preparing for the challenges of the future. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
December 14, 2024 The Globe and Mail Tiff Macklem, Governor of the Bank of Canada Interview with the The Globe and Mail Content Type(s): Press, Media activities