August 10, 2010
Posts
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August 6, 2010
Official International Reserves
Access the weekly Reserves data on the first business day following the 8th, 15th and 23rd day of each month. The monthly Reserves data will be posted on the Department of Finance website on the third business day following month-end. -
August 6, 2010
Foreign exchange intervention
Updated if and when the Bank intervenes in foreign exchange markets. -
August 6, 2010
Terms of Use and Disclaimers
This website is provided by the Bank of Canada as a service to its users. Users are defined for the purposes of this statement as “You”. Your access to, and use of, this website constitutes your agreement to accept these Terms of Use and Disclaimers. -
Identifying Asymmetric Comovements of International Stock Market Returns
Based on a new approach for measuring the comovements between stock market returns, we provide a nonparametric test for asymmetric comovements in the sense that stock market downturns will lead to stronger comovements than market upturns. -
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August 4, 2010
Fellowship Award
Annual research grants and expense allowances for a term of up to five years. -
Asset-Liability Management: An Overview
Relevant literature on asset-liability management (ALM) is reviewed and different ALM approaches are discussed that may be of interest to the Bank of Canada for the purpose of modelling the Exchange Fund Account (EFA). -
Inventories in ToTEM
ToTEM – the Bank of Canada’s principal projection and policy-analysis model for the Canadian economy – is extended to include inventories. In the model, firms accumulate inventories of finished goods for their role in facilitating the demand for goods. -
Inventories, Stockouts, and ToTEM
Inventory investment is an important component of the Canadian business cycle. Despite its small average size – less than 1 per cent of output – it exhibits volatile procyclical fluctuations, accounting for almost one-third of output variance.