Posts

• June 13, 2007

  Governor Dodge Discusses the Implications of Demographics on Monetary Policy

  Media Relations St. John's, Newfoundland and Labrador

  Demographic trends and the effect of Canada's aging population have begun to have an impact on the Canadian monetary policy, Bank of Canada Governor David Dodge said today.

  Content Type(s): Press, Press releases

• Unanticipated Defaults and Losses in Canada's Large-Value Payments System, Revisited

  Staff Discussion Paper 2007-5 Devin Ball, Walter Engert

  Recent work at the Bank of Canada studied the impact of default in Canada’s large-value payments system, and concluded that participants could readily manage their potential losses (McVanel 2005). In an extension of that work, the authors use a much larger set of daily payments data – with three times as many observations – to […]

  Content Type(s): Staff research, Staff discussion papers Topic(s): Financial institutions, Payment clearing and settlement systems JEL Code(s): E, E4, E44, E47, G, G2, G21
• June 11, 2007

  Topics in Exchange Rate Modelling

  Conference held on 11 and 12 June 2007 (papers in unedited, electronic format only)

  Content Type(s): Conferences and workshops

• A vision for IMF Surveillance

  Staff Working Paper 2007-37 Robert Lavigne, Philipp Maier, Eric Santor

  The ongoing review of the IMF, initiated in 2005 by Managing Director De Rato, presents an excellent opportunity to re-examine the role, functions and governance of the Fund.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial stability, International topics JEL Code(s): F, F3, F33

• Cross-Country Estimates of the Degree of Fiscal Dominance and Central Bank Independence

  Staff Working Paper 2007-36 Carlos De Resende

  This paper studies the interdependence between fiscal and monetary policies, and their joint role in the determination of the price level.

  Content Type(s): Staff research, Staff working papers Topic(s): Central bank research, Fiscal policy, Inflation: costs and benefits JEL Code(s): E, E3, E31, E4, E42, E5, E50, E6, E63

• Gold Prices and Inflation

  Staff Working Paper 2007-35 Greg Tkacz

  Using data for 14 countries over the 1994 to 2005 period, we assess the leading indicator properties of gold at horizons ranging from 6 to 24 months.

  Content Type(s): Staff research, Staff working papers Topic(s): Exchange rates, Inflation and prices JEL Code(s): E, E3, E31, E4, E44
• May 29, 2007

  Bank of Canada keeps target for the overnight rate at 4 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent.

  Content Type(s): Press, Press releases
• May 28, 2007

  Demographic Changes and Policy Implications

  Conference held on 28 and 29 May 2007 (papers in unedited, electronic format only)

  Content Type(s): Conferences and workshops
• May 21, 2007

  Making Global Economic Institutions Work – What the World Needs Now

  Remarks David Dodge Chicago Council on Global Affairs Chicago, Illinois

  For 85 years, the Council has promoted the idea that the United States should take a leading role in addressing global challenges. And it has done so consistently through the years, even during times when isolationism was more fashionable.

  Content Type(s): Press, Speeches and appearances, Remarks
• May 21, 2007

  Governor Dodge Says Leadership Needed to Strengthen International Institutions

  Media Relations Chicago, Illinois

  The global economy could run more smoothly if G-7 countries showed the leadership that would strengthen international financial institutions, Bank of Canada Governor David Dodge said today.

  Content Type(s): Press, Press releases