June 17, 2008
Find Bank of Canada publications by keyword, author, content type, JEL code, topic or publication date.
1390
result(s)
June 16, 2008
A Money and Credit Real-Time Database for Canada
Bank of Canada Review - Summer 2008
Roobina Keshishbanoosy,
Pierre St-Amant,
Devin Ball,
Ivan Medovikov
Model-based forecasts of important economic variables are part of the range of information considered for monetary policy decision making.
Content Type(s):
Publications,
Bank of Canada Review articles
Topic(s):
Credit and credit aggregates,
Monetary aggregates,
Monetary policy and uncertainty
June 15, 2008
Bank of Canada Review - Summer 2008
Cover page
Chinese Coin Charms
The charms on the cover are part of the National Currency Collection of the Bank of Canada.
Photography by Gord Carter.
Content Type(s):
Publications,
Bank of Canada Review
April 24, 2008
Growth in the global economy began to slow in the fourth quarter of 2007 and the first quarter of 2008. This reflected the effects of the slowdown in the U.S. economy and ongoing dislocations in global financial markets.
Monetary Policy Report – April 2008
Content Type(s):
Publications,
Monetary Policy Report
April 14, 2008
In the spring survey, a number of indicators eased from their level in the winter survey. While the weaker U.S. economic situation is weighing more heavily on the outlook, firms are not expecting a marked change in the pace of business activity.
Business Outlook Survey - Spring 2008
Content Type(s):
Publications,
Business Outlook Survey
March 18, 2008
Canada's Experience with a Flexible Exchange Rate in the 1950s: Valuable Lessons Learned
Schembri studies Canada's post-World War II experience in introducing a floating exchange rate, including its effects on the Canadian economy and its influence on the development of macroeconomic theory. In particular, Canada's flexible exchange rate and high degree of capital mobility with the United States provided an unprecedented experiment for macroeconomic policy. The successes and difficulties encountered by Canadian authorities in managing monetary and fiscal policy under this regime drew the interest of researchers at the International Monetary Fund and elsewhere and had a significant impact on the development of the Mundell-Fleming model, the path-breaking innovation in modern open-economy macroeconomics.
Content Type(s):
Publications,
Bank of Canada Review articles
Topic(s):
Central bank research,
Exchange rate regimes,
Monetary policy framework
March 17, 2008
Price Discovery Across Geographic Locations in the Foreign Exchange Market
The ongoing process of price discovery in foreign exchange markets provides valuable information to certain market participants. Recent empirical findings suggest that aggregate measures of order flow convey information about the fundamental value of the exchange rate. Using a market microstructure approach, D'Souza reports on a two-year study of completed transactions within the Canadian and Australian exchange rate markets to examine the relationship between exchange rate returns and trades initiated in different locations. Based on the information content of the trades, he finds that geographic location and hours of operation are two of the factors driving informed interdealer trading.
Content Type(s):
Publications,
Bank of Canada Review articles
Topic(s):
Exchange rates,
Financial markets,
Market structure and pricing
March 16, 2008
Developing a Framework to Assess Financial Stability: Conference Highlights and Lessons
Central banks are still defining their approach to financial stability and are at an early stage in the development of useful models. The Bank of Canada's 2007 economic conference was organized to stimulate progress in the development of financial-stability frameworks. Among the highlights reported here are the discussions centred around three proposed frameworks: a contingent-claims-analysis framework, a semi-structural framework, and structural financial-stability models. Participants also reported on their experiences with stress-testing under the International Monetary Fund's Financial Sector Assessment Program and discussed the implications for financial stability of linkages among payment, clearing, and settlement systems.
March 16, 2008
Bank of Canada Review - Spring 2008
Cover Page
Canada's First Coinage
Photography by Gord Carter, Ottawa.
Content Type(s):
Publications,
Bank of Canada Review
January 30, 2008
The year 2007 was marked by sharply increased volatility in financial and foreign exchange markets, and a widening of credit spreads. Despite financial market turbulence, the Canadian economy continued to expand, and inflation remained close to our target of 2 per cent. In this, my final Annual Report message, I begin by reviewing the economic and financial developments and challenges of the past year. I then highlight seven important ongoing challenges faced by Canada and the Bank during my seven years as Governor.
Annual Report 2007
Content Type(s):
Publications,
Annual Report