00000nam 2200000za 4500 9.858368 CaOODSP 20221107155959 cr ||||||||||| 180629s2018 oncd ob f000 0 eng d CaOODSP eng eng fre n-cn--- FB3-5/2018-28E-PDF Jiongo, Valéry D. Bootstrapping mean squared errors of robust small-area estimators [electronic resource] : application to the method-of-payments data / by Valéry D. Jiongo and Pierre Nguimkeu. [Ottawa] : Bank of Canada, 2018. 50 p. : charts (some col.) Bank of Canada staff working paper, 1701-9397 ; 2018-28 "June 2018." Includes bibliographical references (p. 25-27). "This paper proposes a new bootstrap procedure for mean squared errors of robust small-area estimators. We formally prove the asymptotic validity of the proposed bootstrap method and examine its finite sample performance through Monte Carlo simulations. The results show that our procedure performs well and outperforms existing ones. We also apply our procedure to the estimation of the total volume and value of cash, debit card and credit card transactions in Canada as well as in its provinces and subgroups of households. In particular, we find that there is a significant average annual decline rate of 3.1 percent in the volume of cash transactions, and that this decline is relatively higher among high-income households living in heavily populated provinces. Our bootstrap estimator also provides indicators of quality useful in selecting the best small-area predictors from among several alternatives in practice"--Abstract, p. ii. Includes abstract in French. Cash transactions Econometric models Nguimkeu, Pierre. Bank of Canada. Staff working paper (Bank of Canada) 1701-9397 ; 2018-28. (CaOODSP)9.806221 PDF 977 KB https://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-5-2018-28-eng.pdf