May 30, 2017
Find Bank of Canada publications by keyword, author, content type, JEL code, topic or publication date.
1390
result(s)
May 26, 2017
Weekly Financial Statistics - 26 May 2017
Content Type(s):
Publications,
Historical: Weekly Financial Statistics
May 25, 2017
Project Jasper: Are Distributed Wholesale Payment Systems Feasible Yet?
Financial System Review - June 2017
James Chapman,
Rodney J. Garratt,
Scott Hendry,
Andrew McCormack,
Wade McMahon
This report describes a joint endeavour between public and private sectors to explore a wholesale payment system based on distributed ledger technology (DLT). They find that a stand-alone DLT system is unlikely to be as beneficial as a centralized payment system in terms of core operating costs; however, it could increase financial system efficiency as a result of integration with the broader financial market infrastructure.
Content Type(s):
Publications,
Financial System Review articles
Topic(s):
Digital currencies and fintech,
Financial system regulation and policies,
Payment clearing and settlement systems
JEL Code(s):
E,
E4,
E42,
E5,
E58,
G,
G2,
G28
May 25, 2017
Banking and Financial Statistics - May 2017
Content Type(s):
Publications,
Historical: Banking and Financial Statistics
May 19, 2017
Weekly Financial Statistics - 19 May 2017
Content Type(s):
Publications,
Historical: Weekly Financial Statistics
May 12, 2017
Weekly Financial Statistics - 12 May 2017
Content Type(s):
Publications,
Historical: Weekly Financial Statistics
May 11, 2017
The Digital Economy
Digital technologies—cloud computing, the Internet of Things, advanced robotics, big data analytics, artificial intelligence and machine learning, social media, 3D printing, augmented reality, virtual reality, e-money and distributed ledgers—are transforming the way busi-nesses operate. How does this transformation compare with past industrial revolutions? How are digital technologies changing production systems across industries? Agile firms that use knowledge intensively and have high levels of both organizational and human capital appear set to realize the greatest benefits from digitalization. Finally, what are the implications for productivity, labour markets, inflation and monetary policy as we transition to the digital economy?
Content Type(s):
Publications,
Bank of Canada Review articles
Topic(s):
Firm dynamics,
Monetary policy,
Productivity
JEL Code(s):
D,
D2,
D24,
L,
L1,
L10,
O,
O1,
O3,
O33
May 11, 2017
Some suggest the global economy is facing a fourth industrial revolution. Bank researchers discuss the possible implications of digitalization on the economy. This issue also shares insights on the effectiveness of some unconventional monetary policies in a small open economy, how Government of Canada bonds are used throughout their life cycle, as well as how the Big Six Canadian banks choose their funding strategies and why. The final article examines the slow growth in business investment.
Bank of Canada Review - Spring 2017
Content Type(s):
Publications,
Bank of Canada Review
May 11, 2017
Unconventional Monetary Policy: The Perspective of a Small Open Economy
How do unconventional monetary policies like quantitative easing and negative interest rates affect domestic financial conditions and the broader economy in small open econo-mies, such as Canada? These policies are effective in depreciating the exchange rate in small open economies, while lower interest rates are also passed through to the economy, albeit only partially. When conventional monetary policy is close to its limits, fiscal policy may be a more important complement to monetary policy in a small economy, particularly if global demand for safe assets compresses long-term interest rates.
Content Type(s):
Publications,
Bank of Canada Review articles
Topic(s):
Interest rates,
Monetary policy framework,
Monetary policy implementation,
Monetary policy transmission
JEL Code(s):
E,
E5,
E52,
E58,
E6,
E61,
E65
May 11, 2017
The Life Cycle of Government of Canada Bonds in Core Funding Markets
Data on the use of government securities in the repo, securities lending and cash markets suggest there are bond market clienteles in Canada. Shorter-term bonds are more prevalent in the repo market, while longer-maturity securities are more active in the securities lending market—consistent with the preferred habitat hypothesis. These results could help design better debt-management strategies and more-effective policies to maintain well-functioning financial markets.
Content Type(s):
Publications,
Bank of Canada Review articles
Topic(s):
Debt management,
Financial markets
JEL Code(s):
G,
G1,
G12,
G2,
G23