Financial System Review - Press Conference (Audio) - December 2014
Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins (11:15 (ET) approx.)
December 10, 2014
Other Format
December 10, 2014
Financial System Review - Press Conference (Video) - December 2014
Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins (11:15 (ET) approx.)
Content Type(s):
Press,
Speeches and appearances,
Webcasts
Financial System Review - December 2014
The Reports section of the Financial System Review examines selected issues of relevance to the Canadian and global financial systems. The December 2014 issue features two reports on important developments in the financial system: rapid growth and innovation in the market for exchange-traded funds, and the increasing significance of cyber attacks to the operational resilience of financial institutions and financial market infrastructures.
Related Information
December 10, 2014
Release of the Financial System Review
Press conference following the release of the Financial System Review.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
International House Price Cycles, Monetary Policy and Risk Premiums
Staff Working Paper 2014-54
Gregory Bauer
Using a panel logit framework, the paper provides an estimate of the likelihood of a house price correction in 18 OECD countries. The analysis shows that a simple measure of the degree of house price overvaluation contains a lot of information about subsequent price reversals.
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Econometric and statistical methods,
Housing
JEL Code(s):
C,
C2,
E,
E4,
E43,
R,
R2,
R21