Uncategorized

• April 24, 2016

  Workshop on Commodity Cycles and their Implications

  Workshop held on 24 and 25 April 2016 (papers in unedited, electronic format only)

  Content Type(s): Conferences and workshops
• April 22, 2016

  Weekly Financial Statistics - 22 April 2016

  Content Type(s): Publications, Historical: Weekly Financial Statistics

• What to Expect When China Liberalizes Its Capital Account

  Staff Discussion Paper 2016-10 Mark Kruger, Gurnain Pasricha

  When China joined the World Trade Organization in December 2001, it marked a watershed for the world economy. Ten years from now, the opening of China’s capital account and the financial integration that will unfold will be viewed as a milestone of similar importance.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Balance of payments and components, Exchange rate regimes, International topics JEL Code(s): F, F3, F31, F32, G, G1, G18
• April 22, 2016

  Bank of Canada Announces Change in Communication Process for Term Repo Operations

  The Bank of Canada today announced changes to its communication process for term repo operations.

  Content Type(s): Press, Market notices

• Should Monetary Policy Lean Against Housing Market Booms?

  Staff Working Paper 2016-19 Sami Alpanda, Alexander Ueberfeldt

  Should monetary policy lean against housing market booms? We approach this question using a small-scale, regime-switching New Keynesian model, where housing market crashes arrive with a logit probability that depends on the level of household debt.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Economic models, Financial stability, Housing, Monetary policy framework JEL Code(s): E, E4, E44, E5, E52, G, G0, G01
• April 20, 2016

  Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

  Opening statement Stephen S. Poloz Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario

  Good morning, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are happy to be back to discuss the Bank’s Monetary Policy Report (MPR), which we published last week. It has been 18 months since Carolyn and I were last here. And it was about that time, in the fall of 2014, when […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 19, 2016

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario

  Good morning, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are happy to be back to discuss the Bank’s Monetary Policy Report (MPR), which we published last week. I extend particular greetings to the new members of this committee, and look forward to being with you twice a year to talk about […]

  Content Type(s): Press, Speeches and appearances, Opening statements

• A General Approach to Recovering Market Expectations from Futures Prices with an Application to Crude Oil

  Staff Working Paper 2016-18 Christiane Baumeister, Lutz Kilian

  Futures markets are a potentially valuable source of information about price expectations. Exploiting this information has proved difficult in practice, because time-varying risk premia often render the futures price a poor measure of the market expectation of the price of the underlying asset.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Econometric and statistical methods, International topics JEL Code(s): C, C5, C53, D, D8, D84, G, G1, G14, Q, Q4, Q43
• April 17, 2016

  Digital Disruptions to the Financial System, Opportunities and Threats

  Remarks Carolyn A. Wilkins International Monetary Fund Washington, D.C.

  Archived panel discussion at the International Monetary Fund seminar.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Digital currencies and fintech
• April 15, 2016

  Weekly Financial Statistics - 15 April 2016

  Content Type(s): Publications, Historical: Weekly Financial Statistics