August 28, 2015
Quarterly Financial Report - Second Quarter 2015
Quarterly Financial Report - Second Quarter 2015 - For the period ended 30 June 2015
Posts
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Decomposing Movements in U.S. Non-Energy Import Market Shares
Country market shares of U.S. non-energy imports have changed considerably since 2002, with varying volatility across three subperiods: pre-crisis (2002–07), crisis (2007–09) and post-crisis (2009–14). In this paper, we analyze market shares for four main trading partners of the United States (Canada, Mexico, China and Japan). -
August 25, 2015
The Long-Term Evolution of House Prices: An International Perspective
Deputy Governor Lawrence Schembri discusses the international evidence of underlying determinants of long-term movements in house prices. -
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August 18, 2015
Bank of Canada Announces the Recipient of its 2015 Law Enforcement Award of Excellence for Counterfeit Deterrence
This award, which has been presented since 2004, recognizes the outstanding achievements of criminal justice professionals and educators involved in the prevention and deterrence of bank note counterfeiting in Canada. -
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Cheap But Flighty: How Global Imbalances Create Financial Fragility
We analyze how a wealth shift to emerging countries may lead to instability in developed countries. Investors exposed to expropriation risk are willing to pay a safety premium to invest in countries with good property rights. -
Quantifying Contagion Risk in Funding Markets: A Model-Based Stress-Testing Approach
We propose a tractable, model-based stress-testing framework where the solvency risks, funding liquidity risks and market risks of banks are intertwined.