000	02155cam  2200325za 4500
001	9.864133
003	CaOODSP
005	20221107161448
007	cr |||||||||||
008	181102s2018    oncd||| ob   f000 0 eng d
040	|aCaOODSP|beng
041	|aeng|bfre
086	1 |aFB3-5/2018-52E-PDF
100	1 |aChampagne, Julien.
245	10|aEvaluating the Bank of Canada staff economic projections using a new database of real-time data and forecasts |h[electronic resource] / |cby Julien Champagne, Guillaume Poulin-Bellisle and Rodrigo Sekkel.
260	|a[Ottawa] : |bBank of Canada, |c2018.
300	|aii, 60 p. : |bcharts (some col.)
490	1 |aBank of Canada staff working paper, |x1701-9397 ; |v2018-52
500	|a"November 2018."
504	|aIncludes bibliographical references (p. 34-37).
520	3 |a"We present a novel database of real-time data and forecasts from the Bank of Canada’s staff economic projections. We then provide a forecast evaluation for GDP growth and CPI inflation since 1982: we compare the staff forecasts with those from commonly used time-series models estimated with real-time data and with forecasts from other professional forecasters and provide standard bias tests. Finally, we study changes in the predictability of the Canadian economy following the announcement of the inflation targeting regime in 1991. Our database is unprecedented outside the United States, and our evidence is particularly interesting, as it includes over 30 years of staff forecasts, two severe recessions and different monetary policy regimes. The database will be made available publicly and updated annually"--Abstract, p. ii.
546	|aIncludes abstract in French.
692	07|2gccst|aEconomic forecasting
692	07|2gccst|aStatistical analysis
692	07|2gccst|aEconomic analysis
700	1 |aPoulin-Bellisle, Guillaume.
700	1 |aSekkel, Rodrigo M.
710	2 |aBank of Canada.
830	#0|aStaff working paper (Bank of Canada)|x1701-9397 ; |v2018-52.|w(CaOODSP)9.806221
856	40|qPDF|s1.57 MB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-5-2018-52-eng.pdf