June 19, 2009
Posts
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June 19, 2009
Bank of Canada Announces Details of its Term Loan Facility Operation
In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 24 April (see schedule), the Bank of Canada announced today that it will conduct a TLF operation. -
June 18, 2009
From Green Shoots to the Harvest: Comments on Financial Stability
From the initially careful references to data that suggested a slowing of the rate of decline in global activity, the use of the term "green shoots" has quickly evolved. -
June 18, 2009
Financial System Stability is Key Determinant of Economy's Ability to Rebound from Global Shock, Governor Carney says
Despite the often discussed "green shoots" in the global economy, much hard work remains to be done before a recovery will take hold, Bank of Canada Governor Mark Carney said today. -
June 17, 2009
Qualitative Research on the Monetary Policy Report – Key Findings, 2009
The Bank's Monetary Policy Report (MPR) has been published since May 1995. Currently, there are about 1,400 subscribers to the MPR. Some 6,100 readers are notified of its publication through Bank Messenger, an email alert service. Earlier this year, the Bank decided to seek formally, for the first time, readers' views on the MPR (its […] -
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June 16, 2009
Results of the 16 June 2009 Term PRA Transaction for Private Sector Instruments
Results of today's term PRA operations. -
June 15, 2009
Results of the 15 June 2009 Term PRA Transaction
Results of today's term PRA operations. -
The Equity Premium and the Volatility Spread: The Role of Risk-Neutral Skewness
We introduce the Homoscedastic Gamma [HG] model where the distribution of returns is characterized by its mean, variance and an independent skewness parameter under both measures. The model predicts that the spread between historical and risk-neutral volatilities is a function of the risk premium and of skewness. -
June 12, 2009
Bank of Canada Announces Details of its Term Loan Facility Operation
In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 24 April (see schedule), the Bank of Canada announced today that it will conduct a TLF operation.