Uncategorized

• May 6, 2016

  Weekly Financial Statistics - 6 May 2016

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• May 6, 2016

  Stress Prevention: Central Banks and Financial Stability

  Remarks Lawrence L. Schembri Joint Workshop: Bank of Canada, International Monetary Fund, Centre for International Governance Innovation, and Peterson Institute for International Economics Ottawa, Ontario

  Deputy Governor Lawrence Schembri discusses central banks and the maintenance of financial stability.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Central bank research, Credit and credit aggregates, Financial stability, Financial system regulation and policies, Monetary policy framework, Sectoral balance sheet
• May 5, 2016

  Release of the 2015 Bank of Canada FMI Oversight Activities Annual Report

  The Bank of Canada today published the 2015 annual report on its oversight of payment, clearing and settlement systems, which are also known as financial market infrastructures or FMIs.

  Content Type(s): Press, Market notices

• Estimating Systematic Risk Under Extremely Adverse Market Conditions

  Staff Working Paper 2016-22 Maarten van Oordt, Chen Zhou

  This paper considers the problem of estimating a linear model between two heavy-tailed variables if the explanatory variable has an extremely low (or high) value. We propose an estimator for the model coefficient by exploiting the tail dependence between the two variables and prove its asymptotic properties.

  Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Financial markets JEL Code(s): C, C1, C14, G, G0, G01
• May 2, 2016

  Bank of Canada designates Automated Clearing Settlement System under the Payment Clearing and Settlement Act

  Media Relations Ottawa, Ontario

  The Governor of the Bank of Canada has designated, effective 2 May 2016, the Automated Clearing Settlement System (ACSS) for oversight under the Payment Clearing and Settlement Act (PCSA) as a clearing and settlement system that has the potential to pose payments system risk.

  Content Type(s): Press, Press releases
• April 30, 2016

  Research Update - April 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.

  Content Type(s): Staff research, Research newsletters
• April 29, 2016

  Independent Advisory Council announces candidates for the 2018 bank note featuring an iconic Canadian woman

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that the 2018 bank note independent Advisory Council has narrowed to 12 names the list of iconic Canadian women who could be featured on the first bank note of the next series.

  Content Type(s): Press, Press releases
• April 29, 2016

  Weekly Financial Statistics - 29 April 2016

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• April 28, 2016

  Banking and Financial Statistics - April 2016

  Content Type(s): Publications, Historical: Banking and Financial Statistics

• Early Warning of Financial Stress Events: A Credit-Regime-Switching Approach

  Staff Working Paper 2016-21 Fuchun Li, Hongyu Xiao

  We propose an early warning model for predicting the likelihood of a financial stress event for a given future time, and examine whether credit plays an important role in the model as a non-linear propagator of shocks.

  Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Financial stability JEL Code(s): C, C1, C12, C14, G, G0, G01, G1, G17