Posts

• June 13, 2013

  The Basel III Liquidity Standards: An Update

  Financial System Review - June 2013 Carolyn A. Wilkins, Tamara Gomes

  Content Type(s): Publications, Financial System Review articles
• June 13, 2013

  The Market for Collateral: The Potential Impact of Financial Regulation

  Financial System Review - June 2013 Jorge Cruz Lopez, Royce Mendes, Harri Vikstedt

  Content Type(s): Publications, Financial System Review articles
• June 13, 2013

  Financial System Review - June 2013

  

  The Governing Council judges that the risks to the Canadian financial system have decreased somewhat relative to the December FSR, but that the overall level of risk remains high. The key risks are similar to those highlighted in December, and emanate primarily from the external environment.

  Content Type(s): Publications, Financial Stability Report
• June 13, 2013

  Monitoring and Assessing Risks in Canada’s Shadow Banking Sector

  Financial System Review - June 2013 Toni Gravelle, Timothy Grieder, Stéphane Lavoie

  Content Type(s): Publications, Financial System Review articles

• Business Cycle Effects of Credit Shocks in a DSGE Model with Firm Defaults

  Staff Working Paper 2013-19 M. Hashem Pesaran, TengTeng Xu

  This paper proposes a theoretical framework to analyze the relationship between credit shocks, firm defaults and volatility, and to study the impact of credit shocks on business cycle dynamics.

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Credit and credit aggregates, Economic models, Financial institutions JEL Code(s): E, E3, E32, E4, E44, G, G2, G21

• Booms and Busts in House Prices Explained by Constraints in Housing Supply

  Staff Working Paper 2013-18 Narayan Bulusu, Jefferson Duarte, Carles Vergara-Alert

  We study the importance of supply constraints in explaining the heterogeneity in house price cycles across geographies in the United States.

  Content Type(s): Staff research, Staff working papers Topic(s): Asset pricing, Economic models JEL Code(s): R, R3, R31

• Fire-Sale FDI or Business as Usual?

  Staff Working Paper 2013-17 Ron Alquist, Rahul Mukherjee, Linda Tesar

  Using a new data set, we examine the characteristics and dynamics of cross-border mergers and acquisitions during emerging-market financial crises, that is, so-called “fire-sale FDI.” Our findings shed fresh light on whether the transactions undertaken during crisis periods differ in fundamental ways from those undertaken during more tranquil periods.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, International financial markets, International topics JEL Code(s): F, F2, F21, G, G0, G01, G3, G34
• June 7, 2013

  Weekly Financial Statistics - 7 June 2013

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• June 7, 2013

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Lynn Patterson as Special Adviser to the Governor.

  Content Type(s): Press, Press releases
• June 6, 2013

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario

  Bank of Canada Governor Stephen S. Poloz discusses the current economic context and how that is influencing the Bank’s work of delivering confidence.

  Content Type(s): Press, Speeches and appearances, Opening statements