We develop a tractable model of Bitcoin adoption with network effects and social learning, which we then connect to unique data from the Bank of Canada's Bitcoin Omnibus [...]

Since 2016, the Bank of Canada has conducted annual surveys to monitor awareness, adoption and usage of Bitcoin and other cryptocurrencies. This report incorporates resul[...]

Are private digital currencies such as Bitcoin a substitute for physical cash? We test this hypothesis using data from the Bank of Canada’s Bitcoin Omnibus Survey. We est[...]

We measure crypto and financial literacy using microdata from the Bank of Canada’s Bitcoin Omnibus Survey. Our crypto literacy measure is based on three questions coverin[...]

This paper documents the relative importance of firm, industry and aggregate factors on the post-entry performance of new firms. This study utilizes a unique administrati[...]

This paper studies an empirical model of shoe-leather cost applied to consumer cash withdrawal. The unique feature is to estimate the effect of shoe-leather cost from the[...]

This paper studies the dynamics of bitcoin ownership from 2016 to 2021, using the Bank of Canada's Bitcoin Omnibus Surveys. The estimated rate of bitcoin ownership jumped[...]

This article investigates the evolution of firm distributions for entrant manufacturing firms in Canada using functional principal components analysis. This methodology d[...]

Firm shutdown creates a turbulent situation for workers as it leads directly to layoffs for its workers. An additional consideration is whether a firm’s shutdown within a[...]

The firm dynamics literature has stressed productivity, size, and age effects in firm duration. Understanding the implications of financial state has largely been unexplo[...]