ElasticSearch Score: 4.3511086
April 18, 2012
The Bank projects the Canadian economy will grow by 2.4 per cent in 2012 and 2013 before moderating to 2.2 per cent in 2014. The economy is now expected to return to full capacity in the first half of 2013.
ElasticSearch Score: 4.3463864
We develop a model that links investors’ decisions to enter or exit the Bitcoin market with their beliefs about the survival of Bitcoin. Empirical testing using Canadian data reveals that beliefs strongly influence both entries and exits, and this impact varies with time and ownership status.
ElasticSearch Score: 4.3189783
We present a two-country model featuring risky lending and cross-border interbank market frictions.
ElasticSearch Score: 4.3151603
Freeman (1999) proposes a model in which discount window lending and open market operations have different effects. This is important because in most of the literature, these policies are indistinguishable.
ElasticSearch Score: 4.3018427
In emerging-market economies, real exchange rate adjustment is critical for maintaining a sustainable current account position and thereby for helping to reduce macroeconomic and financial instability.
ElasticSearch Score: 4.283623
July 15, 2020
The Bank expects a sharp rebound in economic activity in the reopening phase of the recovery, followed by a more prolonged recuperation phase.
ElasticSearch Score: 4.143474
This paper studies the interdependence between fiscal and monetary policy in a DSGE model with sticky prices and non-zero trend inflation. We characterize the fiscal and monetary policies by a rule whereby a given fraction k of the government debt must be backed by the discounted value of current and future primary surpluses.
ElasticSearch Score: 4.1219172
We study the trading of an asset with bankruptcy risk. The traded price of the asset is, on average, 40% of the expected total dividend payments. We investigate which economic models can explain the low traded price.
ElasticSearch Score: 4.10114
May 30, 2017
Quarterly Financial Report - First Quarter 2017 - For the period ended 31 March 2017
ElasticSearch Score: 4.0992427
June 21, 2006
The financial system makes an important contribution to the welfare of all Canadians. The ability of households and firms to confidently hold and transfer financial assets is one of the fundamental building blocks of the Canadian economy.