December 21, 2008 The Role of Bank Capital in the Propagation of Shocks Financial System Review - December 2008 Césaire Meh, Kevin Moran Content Type(s): Publications, Financial System Review articles
December 21, 2008 Good Policies or Good Fortune: What Drove the Compression in Emerging- Market Spreads? Financial System Review - December 2008 Philipp Maier, Garima Vasishtha Content Type(s): Publications, Financial System Review articles
December 21, 2008 Financial System Review - December 2008 The turmoil in global financial markets entered a new phase in September, moving to a more acute and broad-based loss of confidence in the context of a series of failures and near-failures of large financial institutions in the United States and Europe.FSR Highlights - December 2008 Content Type(s): Publications, Financial Stability Report
December 19, 2008 Bank of Canada Announces Details of its 30 Day Term Loan Facility In accordance with the schedule of Term Loan Facility (TLF) auctions announced on 28 November, the Bank of Canada announced today that it will enter into a 30-day TLF transaction as follows: Content Type(s): Press, Market notices
December 19, 2008 Results of the 19 December 2008 Term PRA Transaction for Private Sector Money Market Instruments The results of today's term PRA operations are as follows: Content Type(s): Press, Market notices
December 19, 2008 Results of the 19 December 2008 Term PRA Transaction The results of today's term PRA operations are as follows: Content Type(s): Press, Market notices
December 19, 2008 Bank of Canada Announces the Minimum Bid Rate for Today's Term PRA Facility for Private Sector Money Market Instruments The minimum bid rate for today's 15-day Term PRA Facility for Private Sector Money Market Instruments is 2.225%. Content Type(s): Press, Market notices
December 18, 2008 Bank of Canada Announces Details of its 30 Day Term PRA Transaction In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 1 December, the Bank of Canada announced today that it will enter into a 30-day term PRA transaction as follows: Content Type(s): Press, Market notices
December 18, 2008 Bank of Canada Announces Details of its Term PRA Facility for Private Sector Money Market Instruments In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector money market instruments announced on 28 November, the Bank of Canada announced today that it will enter into a 15-day term PRA transaction for private sector money market instruments as follows: Content Type(s): Press, Market notices
Futures Markets, Oil Prices and the Intertemporal Approach to the Current Account Staff Working Paper 2008-48 Elif Arbatli The intertemporal approach to the current account suggests modeling movements in the current account in a forward-looking, dynamic framework. In this framework, the current account reflects consumption smoothing of agents that lend and borrow from the rest of the world in the face of transitory shocks to income. Content Type(s): Staff research, Staff working papers Topic(s): Balance of payments and components JEL Code(s): C, C2, C22, F, F2, F21, F3, F32, G, G1, G13