Financial markets

• January 31, 2017

  Models and the Art and Science of Making Monetary Policy

  Remarks Stephen S. Poloz University of Alberta School of Business Edmonton, Alberta

  Governor Stephen S. Poloz discusses the evolution of economic models and the need for central bankers to apply judgment in using them.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Central bank research, Econometric and statistical methods, Economic models, Financial markets, International topics, Monetary policy and uncertainty

• Repo Market Functioning when the Interest Rate Is Low or Negative

  Staff Discussion Paper 2017-3 Jean-Sébastien Fontaine, James Hately, Adrian Walton

  This paper investigates how a low or negative overnight interest rate might affect the Canadian repo markets. The main conclusion is that the repo market for general collateral will continue to function effectively.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Financial markets, Interest rates, Market structure and pricing JEL Code(s): D, D4, G, G1, G10, G12