July 4, 2016
Staff research, Publications
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July 4, 2016
Senior Loan Officer Survey - Second-Quarter 2016
Survey results suggest that overall business-lending conditions continued to tighten during the second quarter of 2016 for both price and non-price conditions. -
June 30, 2016
Research Update - June 2016
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. -
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Financial Crisis Interventions
This paper develops a model of an economy where bank credit supports both productive investment and individual consumption smoothing in the face of idiosyncratic income risk. Bank credit is constrained by bank equity capital. -
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The Real-Time Properties of the Bank of Canada’s Staff Output Gap Estimates
We study the revision properties of the Bank of Canada’s staff output gap estimates since the mid-1980s. Our results suggest that the average staff output gap revision has decreased significantly over the past 15 years, in line with recent evidence for the U.S. -
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Clearing and Settlement Systems from Around the World: A Qualitative Analysis
As Canada continues to engage in a dialogue to develop the approach to modernizing its core payment systems, we analyze the core payment systems that exist in countries around the world. We study payment systems in 27 jurisdictions, encompassing a broad range of geographic regions, through three levels of analysis. -