Posts

• March 30, 2014

  Research Update - March 2014

  This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website.

  Content Type(s): Staff research, Research newsletters
• March 28, 2014

  Implementation Date for the Revised Terms and Conditions Governing the Morning Auction of Receiver General Cash Balances

  The Bank of Canada, on behalf of the Government of Canada, today announced the revised Terms and Conditions Governing the Morning Auction of Receiver General Cash Balances (the Terms) that will become effective 1 April 2014.

  Content Type(s): Press, Market notices
• March 28, 2014

  Bank of Canada Announces Recipients of 2014 Fellowship and Governor’s Awards

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the recipient of the Bank’s Fellowship Award and Governor's Award for 2014.

  Content Type(s): Press, Press releases Source(s): Fellowship Program
• March 28, 2014

  Weekly Financial Statistics - 28 March 2014

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• March 28, 2014

  Annual Report 2013

  

  2013 proved to be a challenging year for the Bank of Canada. Inflation continued to drift below target, and the economy failed to move onto a more sustainable track. The 2013 Annual Report highlights key achievements over the year, describes the Bank’s corporate governance, and presents the financial statements in conjunction with Management’s Discussion and Analysis.

  Content Type(s): Publications, Annual Report
• March 28, 2014

  The Bank of Canada Releases Its Annual Report for 2013

  Media Relations Ottawa, Ontario

  The Bank of Canada’s Annual Report for 2013 was tabled in the House of Commons.

  Content Type(s): Press, Press releases
• March 27, 2014

  Banking and Financial Statistics - March 2014

  Content Type(s): Publications, Historical: Banking and Financial Statistics
• March 26, 2014

  Oversight Activities during 2013 under the Payment Clearing and Settlement Act

  This report reviews the Bank of Canada's oversight activities during 2013 and priorities for 2014 pursuant to the Payment Clearing and Settlement Act (PCSA). This annual report is intended to provide transparency and accountability regarding the Bank's activities in this area.

  Content Type(s): Press, Announcements

• Do Sunspots Matter? Evidence from an Experimental Study of Bank Runs

  Staff Working Paper 2014-12 Jasmina Arifovic, Janet Hua Jiang

  A "sunspot" is a variable that has no direct impact on the economy’s fundamental condition, such as preferences, endowments or technologies, but may nonetheless affect economic outcomes through the expectations channel as a coordination device. This paper investigates how people react to sunspots in the context of a bank-run game in a controlled laboratory environment.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, Financial stability JEL Code(s): C, C9, C91, C92, D, D8, D80, E, E5, E58, G, G2, G20

• Do High-Frequency Financial Data Help Forecast Oil Prices? The MIDAS Touch at Work

  Staff Working Paper 2014-11 Christiane Baumeister, Pierre Guérin, Lutz Kilian

  The substantial variation in the real price of oil since 2003 has renewed interest in the question of how to forecast monthly and quarterly oil prices. There also has been increased interest in the link between financial markets and oil markets, including the question of whether financial market information helps forecast the real price of oil in physical markets.

  Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, International topics JEL Code(s): C, C5, C53, G, G1, G14, Q, Q4, Q43