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are correlated with Statistics Canada's revisions to GDP; (iv) high-frequency analyses of transactions around extreme …
Persistent link: https://www.econbiz.de/10003641311
are important. An analysis of the economic effects using the Bank of Canada's Global Economy Model shows that the gains …
Persistent link: https://www.econbiz.de/10003641330
KLEMS database for Canada. We estimate a dynamic heterogeneous panel error-correction model of twelve 2-digit level …
Persistent link: https://www.econbiz.de/10003641346
dominance in both Mexico and South Korea, but almost no fiscal dominance in Canada and the U.S. The country-specific estimates …
Persistent link: https://www.econbiz.de/10003772978
properties which is what we explore in this paper. For Canada, we show that the magnitude of redistributions of an unexpected 1 …
Persistent link: https://www.econbiz.de/10003773003
This paper studies the role that market structure plays in affecting the diffusion of electronic banking. Electronic banking (and electronic commerce more generally) reduces the cost of performing many types of transactions for firms. The full benefits for firms from adoption, however, only...
Persistent link: https://www.econbiz.de/10003773006
as they change jobs, voluntarily or involuntarily. The model, calibrated to the United States and Canada, accounts for … one-third of the firmsize wage premium. Regarding the earnings gap between Canada and the United States, the model finds …
Persistent link: https://www.econbiz.de/10003773015
Model risk is a constant danger for financial economists using interest-rate forecasts for the purposes of monetary policy analysis, portfolio allocations, or risk-management decisions. Use of multiple models does not necessarily solve the problem as it greatly increases the work required and...
Persistent link: https://www.econbiz.de/10003773045
How important are the benefits of low price-level uncertainty? This paper explores the desirability of price-level path targeting in an estimated DSGE model fit to Canadian data. The policy implications are based on social welfare evaluations. Compared to the historical inflation targeting rule,...
Persistent link: https://www.econbiz.de/10003775730
Previous surveys of Canadian and U.S. business owners suggest that access to financing in Canada may be more … on Financing of Small and Medium Enterprises in Canada, this paper examines whether this perception can be better … lower availability of formal credit in Canada, or a lower need for formal credit. Furthermore, while evidence validating the …
Persistent link: https://www.econbiz.de/10003775742