000004169 001__ 4169
000004169 005__ 20250303150306.0
000004169 0247_ $$a10.15456/jae.2022327.0711999039$$2DOI
000004169 041__ $$aeng
000004169 245__ $$aIntroducing the Bank of Canada Staff Economic Projections Database (replication data)
000004169 251__ $$a1
000004169 260__ $$bZBW - Leibniz Informationszentrum Wirtschaft
000004169 269__ $$a2020
000004169 336__ $$aDataset
000004169 506__ $$aFiles may be downloaded from digital repository linked in the DOI field
000004169 520__ $$aWe present a new, publicly available database of real-time data and forecasts from the Bank of Canada's staff economic projections, which will be updated on an annual basis. We describe the data construct, its variables, coverage, and frequency. We then provide a forecast evaluation for gross domestic product (GDP) growth, consumer price index (CPI) inflation and the policy rate since 1982: We compare the staff's forecasts with those from commonly used time series models estimated with the real-time data, and with forecasts from other professional forecasters, and provide standard bias tests. Finally, we study changes in predictability of the Canadian economy following the announcement of the inflation-targeting regime in 1991. Our data set is unprecedented outside the USA, and our evidence is particularly interesting, as it covers over 30 years of staff forecasts, two severe recessions, and different monetary policy regimes. <p><p> Replication data for peer-reviewed article published in Journal of Applied Econometrics. Paper published online December 11, 2019.$$7Abstract
000004169 540__ $$aCreative Commons Attribution 4.0 International$$uhttps://creativecommons.org/licenses/by/4.0/legalcode$$fCC-BY-4.0
000004169 7001_ $$aChampagne, Julien$$7Personal$$uBank of Canada$$3https://ror.org/05cc98565$$5ROR
000004169 7001_ $$aPoulin-Bellisle, Guillaume$$7Personal$$uBank of Canada$$3https://ror.org/05cc98565$$5ROR
000004169 7001_ $$aSekkel, Rodrigo$$7Personal$$uBank of Canada$$3https://ror.org/05cc98565$$5ROR
000004169 791__ $$aJournalArticle$$eIsSupplementTo$$iReproducibility package is associated with peer-reviewed article$$w10.1002/jae.2744$$c2020$$dJournal of Applied Econometrics (Wiley Blackwell)$$tIntroducing the Bank of Canada staff economic projections database$$2DOI$$j35$$k1$$q114$$o129
000004169 791__ $$aText$$eIsSupplementTo$$iAssociated article is first published as Bank of Canada Staff Working Paper$$w10.34989/swp-2018-52$$c2018$$dBank of Canada$$tEvaluating the Bank of Canada Staff Economic Projections Using a New Database of Real-Time Data and Forecasts$$2DOI$$jStaff Working Paper$$k2018-52
000004169 8301_ $$aReproducibility Package
000004169 8301_ $$aEnsemble de données pour la reproductibilité des résultats de recherche
000004169 909CO $$ooai:www.oar-rao.bank-banque-canada.ca:4169$$pbibliographic
000004169 937__ $$aChampagne, J., G. Poulin-Bellisle and R. Sekkel$$b2020$$cIntroducing the Bank of Canada staff economic projections database$$dJournal of Applied Econometrics$$e35$$f1$$ghttps://doi.org/10.1002/jae.2744
000004169 980__ $$aStaff Research
000004169 980__ $$aRDM
000004169 980__ $$aResearch Reproducibility Packages
000004169 991__ $$aPublic