Maxime Leroux - Research

Publications

1. Goulet Coulombe, P., Leroux, M. Stevanovic, D. and Surprenant, S. (2021). Macroeconomic Data Transformations Matter? International Journal of Forecasting. https://doi.org/10.1016/j.ijforecast.2021.05.005.
2. Fortin-Gagnon, O., Leroux, M. Stevanovic, D. and Surprenant, S. (2021). A Large Canadian Database for Macroeconomic Analysis accepted at Canadian Journal of Economics.
3. Kotchoni, R., Leroux, M. and Stevanovic, D. (2019). Macroeconomic forecast accuracy in a data-rich environment. Journal of Applied Econometrics. https://doi.org/10.1002/jae.2725
4. Cohen, A. A., Li, Q., Milot, E., Leroux, M., Faucher, S., Morissette-Thomas, V., … Ferrucci, L. (2015). Statistical distance as a measure of physiological dysregulation is largely robust to variation in its biomarker composition. PLoS ONE, 10(4). https://doi.org/10.1371/journal.pone.0122541

Working paper

1. How is Machine Learning Useful for Macroeconomic Forecasting? (with Philippe Goulet-Coulombe, Dalibor Stevanovic and Stéphane Surprenant)

Work in progress

Macroeconomic Forecasting Using the Random Forest Kernel. In this project I use the different variants of the Random Forest Kernel to introduce parameter variation in common macroeconomic forecasting models.
Zooming In Monetary Policy in Canada. In this research project, I explore the role of the cost channel and the credit channel of monetary policy transmission in generating heterogeneous investment dynamics across Canadian provinces. I also look into the importance of firm destruction in employment fluctuations following a monetary policy tightening.

Policy documents

Goulet Coulombe, Leroux, Surprenant and Stevanovic (2020), Prévision de l'activité économique au Québec et au Canada à l'aide des méthodes Machine Learning. Rapport de projet 2020RP-18, CIRANO
Kotchoni, Leroux et Stevanovic (2016). Prévision de l’activité économique au Québec. Rapport de projet 2016RP-08, CIRANO