E47 - Forecasting and Simulation: Models and Applications

• The Canadian Macroeconomy and the Yield Curve: An Equilibrium-Based Approach

  Staff Working Paper 2005-36 René Garcia, Richard Luger

  The authors develop and estimate an equilibrium-based model of the Canadian term structure of interest rates.

  Content Type(s): Staff research, Staff working papers Topic(s): Interest rates JEL Code(s): E, E4, E43, E44, E47, E5, E52

• The Impact of Unanticipated Defaults in Canada's Large Value Transfer System

  Staff Working Paper 2005-25 Darcey McVanel

  Canada's Large Value Transfer System (LVTS) is designed to meet international risk-proofing standards at a minimum cost to participants in terms of collateral requirements.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Payment clearing and settlement systems JEL Code(s): E, E4, E44, E47, G, G2, G21