March 1, 2001
Posts
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On Commodity-Sensitive Currencies and Inflation Targeting
Two aspects of the recent monetary history of Canada, Australia, and New Zealand stand out: the sensitivity of their dollars to prices of resource-based commodities, and inflation targeting. This paper explores various aspects of these phenomena. -
February 27, 2001
Fall Consultations—2000: Summary of Comments
As it does every year during the Fall, the government sought views from market participants on a number of issues related to the design and operations of government debt programs in the next fiscal year. To allow comments to be received from a broader range of participants, the consultation documents were available on the Bank […] -
February 27, 2001
Fall Consultations - 2000: Summary of Comments
As it has done in the Fall of previous years, the Department of Finance jointly with the Bank of Canada held consultations with market participants on issues relating to the design and operation of government debt programs in 2001-2002. -
February 20, 2001
Governor underlines Bank of Canada's ongoing commitment to good economic performance
In highlighting the Bank's commitment to contribute to the economic well-being of Canadians, Mr. Dodge said that the Bank must continue to "conduct monetary policy so as to promote sustained economic growth, create conditions conducive to rising investment, employment, and incomes, and encourage a more stable macroeconomic environment." He stressed that the best contribution monetary policy can make to such an outcome is "to keep future inflation low, stable, and predictable." -
February 20, 2001
The Bank of Canada and Monetary Policy: Future Directions
There are three main issues I want to address publicly as I begin my term: the Bank's contribution to good economic performance; the Bank's contribution to promoting financial stability, both nationally and internationally; and the importance of open and frank dialogue with business, labour, and the general public. -
February 6, 2001
Release of the Monetary Policy Report Update
This morning, we released our Update to last November's Monetary Policy Report. This Update was completed at the time of the Bank Rate announcement on 23 January. It presents the analysis on which we based our decision to reduce the Bank Rate by 25 basis points. -
February 6, 2001
Monetary Policy Report Update – February 2001
On 23 January, the Bank reduced the Bank Rate by one-quarter of one percentage point to 5 3/4 per cent. -
Exact Non-Parametric Tests for a Random Walk with Unknown Drift under Conditional Heteroscedasticity
This paper proposes a class of linear signed rank statistics to test for a random walk with unknown drift in the presence of arbitrary forms of conditional heteroscedasticity. -
The Elements of the Global Network for Large-Value Funds Transfers
The author describes the various elements of the global payment network for large-value funds transfers (G-LVTN) in order to provide a convenient reference document intended for readers in the academic, legal, and financial communities.