Posts
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December 31, 2017
Research Update - December 2017
This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. -
The Impacts of Minimum Wage Increases on the Canadian Economy
This note reviews the channels through which scheduled minimum wage increases over the coming years may affect Canadian economic activity and inflation and assesses their macroeconomic impacts. From reduced-form estimates of direct minimum wage pass-through, we find that consumer price index (CPI) inflation could be boosted by about 0.1 percentage point (pp) on average in 2018. -
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Wage Dynamics and Returns to Unobserved Skill
Economists disagree about the factors driving the substantial increase in residual wage inequality in the U.S. over the past few decades. We identify and estimate a general model of log wage residuals that incorporates: (i) changing returns to unobserved skills, (ii) a changing distribution of unobserved skills, and (iii) changing volatility in wages due to factors unrelated to skills. -
December 21, 2017
Bank of Canada Announces a Reduction to the Minimum Amount of Government of Canada Nominal Bonds it Acquires at Auction
The Bank of Canada announced today that it is decreasing its minimum purchase amount of nominal bonds at auctions to 13 per cent from the current 14 per cent level, effective immediately. -
December 21, 2017
Digital currencies and fintech: research
Browse all research or check out these related conferences. -
December 20, 2017
Historical net new issues of securities by corporations and federal government enterprises: Industrial classification (formerly K9)
Inactive: Starting with reference month October 2020, the Bank of Canada no longer updates this table. -
December 20, 2017
Government of Canada bonds outstanding by currency of payments (formerly K8)
Month-end bonds outstanding data by currency for Government of Canada. -
December 20, 2017
Chartered banks: Regional distribution of selected liabilities (formerly C6)
Quarter-end data on chartered bank liabilities by provinces and territories.