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60 Results

Immigration and Provision of Public Goods: Evidence at the Local Level in the U.S.

Staff Working Paper 2023-57 Anna Maria Mayda, Mine Z. Senses, Walter Steingress
Using U.S. county-level data from 1990 to 2010, we study the causal impact of immigration on the provision of local public goods. We uncover substantial heterogeneity across immigrants with different skills and immigrants of different generations, which leads to unequal fiscal effects across U.S. counties.

How Far Do Canadians Need to Travel to Access Cash?

Staff Discussion Paper 2023-28 Heng Chen, Daneal O’Habib, Hongyu Xiao
This paper develops a travel-based metric to measure Canadians’ access to cash from automated banking machines (ABMs) and financial institution branches. We find that, overall, access to cash remained stable between 2019 and 2022. The total number of ABMs in Canada increased by 3.7% and the total number of branches decreased by 5.2% during that period.

An Overview of the Indigenous Economy in Canada

Staff Discussion Paper 2023-25 Alex Chernoff, Calista Cheung
Several measures suggest economic outcomes have improved for Indigenous Peoples in recent decades. Yet, institutional settings and gaps in infrastructure and financing continue to hinder their economic progress. Recent efforts have helped address some data gaps, and new institutions are helping Indigenous communities to overcome historic barriers to growth.

Unpacking Moving: A Quantitative Spatial Equilibrium Model with Wealth

Staff Working Paper 2023-34 Elisa Giannone, Qi Li, Nuno Paixao, Xinle Pang
We propose a model to understand low observed migration rates by considering the interaction between location and wealth decisions. We look at different policies and find that temporary moving vouchers only slightly increase welfare, while lower housing regulations can decrease the welfare gap by lowering house prices nationwide.
Content Type(s): Staff research, Staff working papers Topic(s): Housing, Regional economic developments JEL Code(s): G, G5, G51, R, R1, R12, R13, R2, R3, R31, R5, R52

Canadians’ Access to Cash Before and During the COVID-19 Pandemic

Staff Discussion Paper 2022-15 Heng Chen, Marie-Hélène Felt
This paper studies Canadians’ access to cash using the geographical distribution of automated banking machines (ABMs). During the pandemic, there have been no sustained adverse effects on cash accessibility.

The Bank of Canada COVID‑19 stringency index: measuring policy response across provinces

We construct an index that systematically measures and tracks the stringency of government policy responses to the COVID-19 pandemic across Canadian provinces. Researchers can use this stringency index to analyze how the pandemic is affecting the economy.

A Reference Guide for the Business Outlook Survey

Staff Discussion Paper 2020-15 David Amirault, Naveen Rai, Laurent Martin
The Business Outlook Survey (BOS) has become an important part of monetary policy deliberations at the Bank of Canada and is also well known in Canadian policy and financial circles. This paper compiles more than 20 years of experience conducting the BOS and serves as a comprehensive reference manual.
June 18, 2020

Spending patterns in a pandemic

Speech summary Lawrence L. Schembri Greater Saskatoon Chamber of Commerce Saskatoon, Saskatchewan
Deputy Governor Lawrence Schembri explains how household spending has changed because of COVID-19 and discusses why the Bank expects the recovery to have two phases.
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