Posts

• The New Basel Capital Accord and the Cyclical Behaviour of Bank Capital

  Staff Working Paper 2004-30 Mark Illing, Graydon Paulin

  The authors conduct a counterfactual simulation of the proposed rules under the new Basel Capital Accord (Basel II), including the revised treatment of expected and unexpected credit losses proposed by the Basel Committee in October 2003.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions JEL Code(s): G, G2, G21, G28, K, K2, K23

• Uninsurable Investment Risks

  Staff Working Paper 2004-29 Césaire Meh, Vincenzo Quadrini

  The authors study a general-equilibrium economy in which agents have the ability to invest in a risky technology.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Financial institutions, Financial markets JEL Code(s): D, D3, D31, E, E2, E21, G, G0

• Monetary and Fiscal Policies in Canada: Some Interesting Principles for EMU?

  Staff Working Paper 2004-28 Virginie Traclet

  Choosing a well-designed framework for fiscal and monetary policies is a challenge for economic authorities.

  Content Type(s): Staff research, Staff working papers Topic(s): Fiscal policy, Monetary policy framework JEL Code(s): E, E5, E58, E6, E61, E63
• July 26, 2004

  Bank of Canada supports the new International Journal of Central Banking

  Media Relations

  The Bank of Canada today announced plans to support the development of a new publication focused on central bank theory and practice and issued a call for research papers. The International Journal of Central Banking (IJCB) will be a joint project of the Bank for International Settlements (BIS), the European Central Bank, and each of the Group of Ten (G-10) central banks, with participation expected from other central banks.

  Content Type(s): Press, Press releases
• July 22, 2004

  Monetary Policy Report Update – July 2004

  Since the April Monetary Policy Report, three developments have led the Bank of Canada to make small modifications to its outlook for economic growth and inflation in Canada.

  Content Type(s): Publications, Monetary Policy Report
• July 22, 2004

  Bank of Canada releases Monetary Policy Report Update

  Media Relations Ottawa, Ontario

  The Bank of Canada today released its Update to the April Monetary Policy Report. The Update discusses current economic and financial trends in the context of Canada's inflation-control strategy.

  Content Type(s): Press, Press releases
• July 22, 2004

  Release of the Monetary Policy Report

  Opening statement David Dodge

  Let me start with our outlook for inflation. Higher-than-expected world oil prices mean that total CPI inflation is likely to remain above 2 per cent through the rest of this year, before falling slightly below core inflation in the second half of 2005.

  Content Type(s): Press, Speeches and appearances, Opening statements
• July 20, 2004

  Bank of Canada keeps target for the overnight rate at 2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 1/4 per cent.

  Content Type(s): Press, Press releases
• July 13, 2004

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Professor Christopher Ragan to the position of Special Adviser during the year 2004-2005.

  Content Type(s): Press, Press releases
• July 12, 2004

  Business Outlook Survey - Summer 2004

  Businesses are somewhat more optimistic about the outlook than they were in the spring, reflecting increased confidence about the robustness of the global economic recovery.

  Content Type(s): Publications, Business Outlook Survey