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Bank of Canada fs current measure of foreign demand has created an impetus to search for an alternative. Based on a dynamic … variables not only from the United States but also for all of Canada's major trading partners. We apply this approach to total …
Persistent link: https://www.econbiz.de/10011586558
This paper estimates a dynamic factor model (DFM) for nowcasting Canadian gross domestic product. The model is estimated with a mix of soft and hard indicators, and it features a high share of international data. The model is then used to generate nowcasts, predictions of the recent past and...
Persistent link: https://www.econbiz.de/10011592353
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Since 1997, the Bank of Canada's regional offices have been conducting the Business Outlook Survey (BOS), a quarterly … of private sector firms representative of the various sectors, firm sizes and regions across Canada. Participation is …
Persistent link: https://www.econbiz.de/10011729404
We present two models for long-term inflation expectations and inflation risk premiums for Canada. First, we estimate … and the term structure of the Government of Canada nominal bond yields. Then we estimate the inflation risk premium by … positive in 2021. Because real return bonds will eventually disappear in Canada, a market-derived indicator for long …
Persistent link: https://www.econbiz.de/10014577849
Wavelet analysis, although used extensively in disciplines such as signal processing, engineering, medical sciences, physics and astronomy, has not yet fully entered the economics discipline. In this discussion paper, wavelet analysis is introduced in an intuitive manner, and the existing...
Persistent link: https://www.econbiz.de/10014062764
group bias for households that responded in all eight interviews. An analysis of rotation group bias in Canada and the U ….K. reveal no rotation group bias in Canada and a modest and declining bias in the U.K. There is not a "Heisenberg Principle" of …
Persistent link: https://www.econbiz.de/10012458270
The growing labor force participation of women with small children in both the U.S. and Canada has led to calls for …
Persistent link: https://www.econbiz.de/10012466839
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