Posts

• Counterfeit Quality and Verification in a Monetary Exchange

  Staff Working Paper 2011-4 Ben Fung, Enchuan Shao

  Recent studies on counterfeiting in a monetary search framework show that counterfeiting does not occur in a monetary equilibrium. These findings are inconsistent with the observation that counterfeiting of bank notes has been a serious problem in some countries.

  Content Type(s): Staff research, Staff working papers Topic(s): Bank notes JEL Code(s): D, D8, D82, D83, E, E4, E42, E5, E50

• Discounting in Mortgage Markets

  Staff Working Paper 2011-3 Jason Allen, Robert Clark, Jean-François Houde

  This paper studies discounting in mortgage markets. Using transaction-level data on Canadian mortgages, we document that over time there's been an increase in the average discount, along with substantial dispersion.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial services JEL Code(s): D, D4, G, G2, G21, L, L0
• February 2, 2011

  Canada’s Competitive Imperative: Investing in Productivity Gains

  Remarks Tiff Macklem Productivity Alberta Calgary, Alberta

  Canada’s advantages were very apparent through the financial crisis. They sheltered us from the worst of the storm and put Canada at the front of the pack coming out of the recession.

  Content Type(s): Press, Speeches and appearances, Remarks
• February 1, 2011

  Canada's Competitive Imperative: Investing in Productivity Gains

  Remarks Tiff Macklem Productivity Alberta Edmonton, Alberta

  Canada’s advantages were very apparent through the financial crisis. They sheltered us from the worst of the storm and put Canada at the front of the pack coming out of the recession.

  Content Type(s): Press, Speeches and appearances, Remarks