Posts

• March 28, 2016

  Weekly Financial Statistics - 28 March 2016

  Content Type(s): Publications, Historical: Weekly Financial Statistics

• Government Corruption and Foreign Direct Investment Under the Threat of Expropriation

  Staff Working Paper 2016-13 Christopher Hajzler, Jonathan Rosborough

  Foreign investment is often constrained by two forms of political risk: expropriation and corruption. We examine the role of government corruption in foreign direct investment (FDI) when contracts are not fully transparent and investors face the threat of expropriation.

  Content Type(s): Staff research, Staff working papers Topic(s): Development economics, Economic models, International topics JEL Code(s): F, F2, F21, F23, F3, F34
• March 24, 2016

  Annual Report 2015

  

  The Annual Report provides an account of the Bank’s management, activities and achievements in 2015; it includes the financial statements and a message from Governor Stephen S. Poloz.

  Content Type(s): Publications, Annual Report
• March 24, 2016

  The Bank of Canada Releases Its Annual Report for 2015

  Media Relations Ottawa, Ontario

  The Bank of Canada’s Annual Report for 2015 was tabled in the House of Commons today.

  Content Type(s): Press, Press releases

• Capital Structure, Pay Structure and Job Termination

  Staff Working Paper 2016-12 Jason Allen, James R. Thompson

  We develop a model to analyze the link between financial leverage, worker pay structure and the risk of job termination. Contrary to the conventional view, we show that even in the absence of any agency problem among workers, variable pay can be optimal despite workers being risk averse and firms risk neutral.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Labour markets JEL Code(s): G, G2, G24, J, J3, J33
• March 18, 2016

  Weekly Financial Statistics - 18 March 2016

  Content Type(s): Publications, Historical: Weekly Financial Statistics

• Dating Systemic Financial Stress Episodes in the EU Countries

  Staff Working Paper 2016-11 Benjamin Klaus, Tuomas Peltonen, Thibaut Duprey

  This paper introduces a new methodology to date systemic financial stress events in a transparent, objective and reproducible way. The financial cycle is captured by a monthly country-specific financial stress index.

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Central bank research, Econometric and statistical methods, Economic models, Financial markets, Financial stability, Financial system regulation and policies, Monetary and financial indicators JEL Code(s): C, C5, C54, G, G0, G01, G1, G15
• March 15, 2016

  Results of the 29-day and 84-day 15 March 2016 Term Repo Operation

  Results of today's term repo operation.

  Content Type(s): Press, Market notices
• March 15, 2016

  Bank of Canada Announces the Minimum Bid Rate for Today's Term Repo Operations

  Bank of Canada Announces the Minimum Bid Rate for Today's Term Repo Operation.

  Content Type(s): Press, Market notices

• Measuring Systemic Risk Across Financial Market Infrastructures

  Staff Working Paper 2016-10 Fuchun Li, Héctor Pérez Saiz

  We measure systemic risk in the network of financial market infrastructures (FMIs) as the probability that two or more FMIs have a large credit risk exposure to the same FMI participant.

  Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Financial stability, Payment clearing and settlement systems JEL Code(s): C, C5, C58, G, G2, G21, G23