Uncategorized

• September 18, 2015

  Weekly Financial Statistics - 18 September 2015

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

• Public Policy Objectives and the Next Generation of CPA Systems: An Analytical Framework

  Staff Discussion Paper 2015-6 James Chapman, Jonathan Chiu, Sajjad Jafri, Héctor Pérez Saiz

  The payments landscape in Canada is rapidly changing and will continue to evolve, fuelled by strong and persistent drivers. In Canada, the Canadian Payments Association (CPA) is on a path to modernize Canada’s core payment systems.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Economic models, Financial services, Financial system regulation and policies, Payment clearing and settlement systems JEL Code(s): E, E4, E42, L, L1, L14, L15, L5, L52
• September 16, 2015

  Promoting Canada’s economic and financial well-being

  Presentation Agathe Côté Chambre de commerce francophone de Saint-Boniface Winnipeg, Manitoba

  Deputy Governor Agathe Côté discusses the core responsibilities of the Bank and the economic outlook.

  Content Type(s): Press, Speeches and appearances, Presentations
• September 11, 2015

  Weekly Financial Statistics - 11 September 2015

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• September 10, 2015

  Liquidity Risk in Asset Management: Financial Stability Perspective Conference

  Conference held on 10 and 11 September 2015

  Content Type(s): Conferences and workshops

• The Carrot and the Stick: The Business Cycle Implications of Incentive Pay in the Labor Search Model

  Staff Working Paper 2015-35 Julien Champagne

  This paper considers a real business cycle model with labor search frictions where two types of incentive pay are explicitly introduced following the insights from the micro literature on performance pay (e.g. Lazear, 1986).

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Labour markets JEL Code(s): E, E2, E24, J, J3, J33, J4, J41

• Heterogeneity in the Dynamic Effects of Uncertainty on Investment

  Staff Working Paper 2015-34 Sungje Byun, Soojin Jo

  How does aggregate profit uncertainty influence investment activity at the firm level? We propose a parsimonious adaptation of a factor-autoregressive conditional heteroscedasticity model to exploit information in a subindustry sales panel for an efficient and tractable estimation of aggregate volatility.

  Content Type(s): Staff research, Staff working papers Topic(s): Domestic demand and components, Econometric and statistical methods, International topics JEL Code(s): C, C2, C22, C23, D, D8, D80, E, E2, E22
• September 9, 2015

  Bank of Canada Unveils and Issues Commemorative $20 Bank Note

  Media Relations Ottawa, Ontario

  At an official ceremony at Rideau Hall, the Bank of Canada today unveiled and issued a special commemorative $20 bank note honouring Her Majesty Queen Elizabeth II. As of this day, Elizabeth II’s reign exceeds that of her great-great-grandmother, Queen Victoria, making Her Majesty the longest-reigning sovereign in Canada’s modern era.

  Content Type(s): Press, Press releases
• September 9, 2015

  Bank of Canada maintains overnight rate target at 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

  Content Type(s): Press, Press releases
• September 4, 2015

  Weekly Financial Statistics - 4 September 2015

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