Multi-Product Pricing: Theory and Evidence from Large Retailers in Israel Staff Working Paper 2020-12 Marco Bonomo, Carlos Carvalho, Oleksiy Kryvtsov, Sigal Ribon, Rodolfo Rigato Standard theories of price adjustment are based on the problem of a single-product firm, and therefore they may not be well suited to analyze price dynamics in the economy with multiproduct firms. Content Type(s): Staff research, Staff working papers Topic(s): Inflation and prices, Market structure and pricing, Monetary policy JEL Code(s): D, D2, D21, D22, E, E3, E31, E5, E52, L, L1, L11
April 15, 2020 Bank of Canada to Introduce a Provincial Bond Purchase Program The Bank of Canada today announced its intention to introduce a Provincial Bond Purchase Program (PBPP) to further support the liquidity and efficiency of provincial government funding markets. Content Type(s): Press, Market notices Source(s): Provincial Bond Purchase Program
April 15, 2020 Bank of Canada announces increase in the amount of Government of Canada treasury bills it acquires at auction The Bank of Canada announced today that, to support continued liquidity and efficient functioning of the federal government’s treasury bill program, it is temporarily increasing the amount of treasury bills it acquires at auctions to up to 40 per cent, effective immediately. Content Type(s): Press, Market notices
April 15, 2020 Bank of Canada to Introduce a Corporate Bond Purchase Program In order to support the efficient and continuous functioning of financial markets, the Bank of Canada is announcing its intention to introduce a Corporate Bond Purchase Program (CBPP). Content Type(s): Press, Market notices Source(s): Corporate Bond Purchase Program
April 15, 2020 Canada Mortgage Bond Purchase Program The Bank of Canada may purchase Canada Mortgage Bonds (CMBs) to manage its balance sheet or support market functioning.
April 15, 2020 Monetary Policy Report Press Conference Opening Statement Opening statement Stephen S. Poloz Ottawa, Ontario Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Coronavirus disease (COVID-19)
April 15, 2020 Bank of Canada maintains overnight rate target and unveils new market operations Media Relations Ottawa, Ontario The Bank of Canada today maintained its target for the overnight rate at ¼ percent, which the Bank considers its effective lower bound. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank also announced new measures to provide additional support to Canada’s financial system. Content Type(s): Press, Press releases
April 15, 2020 Monetary Policy Report – April 2020 Canada’s economy faces two significant shocks—the plunge in global oil prices and the impact of the COVID-19 pandemic. Content Type(s): Publications, Monetary Policy Report
April 14, 2020 Results of today’s Canada Mortgage Bond purchase operation Today the Bank of Canada purchased $ 215,000,000 of Canada Mortgage Bonds in the secondary market. Content Type(s): Press, Market notices Source(s): Canada Mortgage Bond Purchase Program