Uncategorized
-
-
Capital Flows and Macroprudential Policies - A Multilateral Assessment of Effectiveness and Externalities
This paper assesses the effectiveness and associated externalities that arise when macroprudential policies (MPPs) are used to manage international capital flows. Using a sample of up to 139 countries, we examine the impact of eight different MPP measures on cross-border bank flows over the period 1999-2009. -
Information, Amplification and Financial Crisis
We propose a parsimonious model of information choice in a global coordination game of regime change that is used to analyze debt crises, bank runs or currency attacks. A change in the publicly available information alters the uncertainty about the behavior of other investors. -
July 16, 2014
Release of the Monetary Policy Report
Press conference following the release of the Monetary Policy Report. -
July 16, 2014
Bank of Canada maintains overnight rate target at 1 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. -
July 16, 2014
Monetary Policy Report – July 2014
Canadian real GDP growth is projected to average around 2 ¼ per cent during 2014-2016. -
-
July 10, 2014
Government of Canada reopens its ultra-long bond
Today, the Government of Canada announced that it successfully issued $1 billion in 50-year bonds through the syndication process. -
July 9, 2014
Government of Canada considering issuing more ultra-long bonds
The Government of Canada announced today that it is considering issuing more ultra-long bonds, subject to favourable market conditions. -
July 7, 2014
Senior Loan Officer Survey - Second-Quarter 2014
The survey results point to a further easing in overall business-lending conditions during the second quarter of 2014.