Posts

• Parallel Tempering for DSGE Estimation

  Staff Working Paper 2024-13 Joshua Brault

  I develop a population-based Markov chain Monte Carlo algorithm known as parallel tempering to estimate dynamic stochastic general equilibrium models. Parallel tempering approximates the posterior distribution of interest using a family of Markov chains with tempered posteriors.

  Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Economic models JEL Code(s): C, C1, C11, C15, E, E1, E10
• May 9, 2024

  Bank of Canada Media Interview – La Presse

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to La Presse’s Hélène Baril.

  Content Type(s): Press, Media advisories
• May 9, 2024

  Bank of Canada Media Interview – Financial Post

  Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, gave an interview to Barbara Shecter of the Financial Post.

  Content Type(s): Press, Media advisories
• May 9, 2024

  Release of the Financial Stability Report

  Opening statement Tiff Macklem, Carolyn Rogers Ottawa, Ontario

  Press conference following the release of the Financial Stability Report.

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Asset pricing, Credit risk management, Financial institutions, Financial markets, Financial services, Financial stability, Financial system regulation and policies, Housing, Interest rates, Recent economic and financial developments
• May 9, 2024

  The Bank of Canada releases the 2024 Financial Stability Report

  The Financial Stability Report will be released on Thursday, May 9, 2024.

  Content Type(s): Press, Media advisories
• May 9, 2024

  Financial System Survey highlights—2024

  This article presents the key results from the 2024 Bank of Canada Financial System Survey, conducted between February 20 and March 8. The survey included a special section on potential risks arising from different hypothetical interest-rate paths.

  Content Type(s): Publications, Financial System Survey
• May 9, 2024

  Financial Stability Report—2024

  

  Tiff Macklem, Carolyn Rogers, Toni Gravelle, Sharon Kozicki, Rhys R. Mendes, Nicolas Vincent

  Canada’s financial system remains resilient. Over the past year, households, businesses, banks and non-bank financial institutions have continued to proactively adjust to higher interest rates. But this adjustment is not yet over and continues to present risks to financial stability. Key risks include those related to debt serviceability and asset valuations.

  Content Type(s): Publications, Financial Stability Report
• May 8, 2024

  CORRA Advisory Group Meeting (May 8, 2024)

  Content Type(s): Meetings Source(s): CORRA Advisory Group
• May 7, 2024

  Parliamentary Appearance by the Senior Deputy Governor of the Bank of Canada

  On Tuesday, May 7, 2024, the Senior Deputy Governor of the Bank of Canada, Carolyn Rogers, will appear before the House of Commons Standing Committee on Public Accounts. The Senior Deputy Governor will be accompanied by Coralia Bulhoes, Chief Financial Officer and Managing Director of Financial Services.

  Content Type(s): Press, Media advisories
• May 7, 2024

  CFIF Meeting (May 7, 2024)

  Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum