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9069 Results

Financial Crisis Interventions

Staff Working Paper 2016-29 Josef Schroth
This paper develops a model of an economy where bank credit supports both productive investment and individual consumption smoothing in the face of idiosyncratic income risk. Bank credit is constrained by bank equity capital.

The Real-Time Properties of the Bank of Canada’s Staff Output Gap Estimates

We study the revision properties of the Bank of Canada’s staff output gap estimates since the mid-1980s. Our results suggest that the average staff output gap revision has decreased significantly over the past 15 years, in line with recent evidence for the U.S.
June 17, 2016

Payments Canada - Speech (Webcasts)

Fintech and the financial ecosystem: evolution or revolution? - Senior Deputy Governor Carolyn Wilkins speaks before Payments Canada (13:10 (ET) approx.)

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