March 12, 2003 Meeting Global Challenges: The Importance of Sound Economic Policies Remarks David Dodge Canada-UK Chamber of Commerce London, United Kingdom We are facing a time of great economic and political uncertainty. While economic activity is close to potential in Canada, most other countries are facing very weak demand and lacklustre economic prospects. And, of course, there is the overriding prospect of a war in Iraq. Content Type(s): Press, Speeches and appearances, Remarks
December 6, 2005 Bank of Canada raises overnight rate target by 1/4 percentage point to 3 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3 1/4 per cent. Content Type(s): Press, Press releases
November 9, 2005 Governor Dodge Discusses Efficiency and the Importance of Pension Plans Media Relations Montréal, Quebec Canada's pension system should be strengthened so it can continue to play an important role in our economy and contribute to efficiency of financial markets, Bank of Canada Governor David Dodge said today. Content Type(s): Press, Press releases
July 28, 2005 Bank of Canada Announces Appointment of Special Adviser Media Relations Ottawa, Ontario Mr. Little, who will join the Bank in September, is a recently retired journalist from the Globe and Mail, where he spent most of the past two decades writing about economics and public finance. Content Type(s): Press, Press releases
July 12, 2005 Bank of Canada keeps target for the overnight rate at 2 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 3/4 per cent. Content Type(s): Press, Press releases
May 17, 2005 Bank of Canada announces senior management appointments Media Relations Ottawa, Ontario Bank of Canada Governor David Dodge and Senior Deputy Governor Paul Jenkins, on behalf of the Board of Directors, today announced a number of new appointments to the senior management team. Content Type(s): Press, Press releases
December 12, 2006 Nominations Invited for the Bank of Canada's Law Enforcement Award of Excellence for Counterfeit Deterrence Media Relations Ottawa, Ontario Beginning today, the Bank of Canada is inviting nominations for the fourth annual Law Enforcement Award of Excellence for Counterfeit Deterrence. Content Type(s): Press, Press releases
August 22, 2007 Bank of Canada Announces Appointment of Special Adviser Media Relations Ottawa, Ontario The Special Adviser position was created to bring additional perspectives to monetary policy discussions. Content Type(s): Press, Press releases
Reconsidering Cointegration in International Finance: Three Case Studies of Size Distortion in Finite Samples Staff Working Paper 1997-1 Marie-Josée Godbout, Simon van Norden This paper reconsiders several recently published but controversial results about the behaviour of exchange rates. In particular, it explores finite-sample problems in the application of cointegration tests and shows how these may have affected the conclusions of recent research. Content Type(s): Staff research, Staff working papers Research Topic(s): Econometric and statistical methods JEL Code(s): C, C1, C15, C2, C22, C3, C32, F, F3, F31
Estimating One-Factor Models of Short-Term Interest Rates Staff Working Paper 1999-18 Des Mc Manus, David Watt There currently exists in the literature several continuous-time one-factor models for short-term interest rates. This paper considers a wide range of these models that are nested into one general model. These models are approximated using both a discrete-time model and a model that accounts for aggregation effects over time, and are estimated by both the […] Content Type(s): Staff research, Staff working papers Research Topic(s): Financial markets, Interest rates JEL Code(s): C, C5, C52, G, G1, G10