Staff working papers

• Real-Financial Linkages in the Canadian Economy: An Input-Output Approach

  Staff Working Paper 2011-14 Danny Leung, Oana Secrieru

  The purpose of this paper is twofold. First, we provide a detailed social accounting matrix (SAM), which incorporates the income and financial flows into the standard input-output matrix, for the Canadian economy for 2004.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Financial markets, Sectoral balance sheet JEL Code(s): C, C6, C67, D, D5, D57

• Bank Loans for Private and Public Firms in a Credit Crunch

  Staff Working Paper 2011-13 Jason Allen, Teodora Paligorova

  Banks reliance on short-term funding has increased over time. While an effective source of financing in good times, the 2007 financial crisis has exposed the vulnerability of banks and ultimately firms to such a liability structure.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions JEL Code(s): G, G0, G01, G2, G20

• Financial Factors and Labour Market Fluctuations

  Staff Working Paper 2011-12 Yahong Zhang

  What are the effects of financial market imperfections on unemployment and vacancies? Since standard DSGE models do not typically model unemployment, they abstract from this issue.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Financial markets, Labour markets JEL Code(s): E, E3, E32, E4, E44, J, J6