ElasticSearch Score: 7.2691827
The Bank’s internal credit risk assessment abilities are regularly enhanced. In this note, we present a recent innovation that extends the set of market-based indicators used in the credit risk assessment of financial counterparties.
ElasticSearch Score: 7.2411942
December 6, 2008
This volume explores money and the role it has played, and continues to play, in society, through the lens of Canada's National Currency Collection. The Collection is an extraordinary repository of coins, bank notes, and related paraphernalia from around the world. Soft cover, 124 pages (2008).
ElasticSearch Score: 7.199803
June 15, 2008
Cover page
Chinese Coin Charms
The charms on the cover are part of the National Currency Collection of the Bank of Canada.
Photography by Gord Carter.
ElasticSearch Score: 7.0797076
June 23, 2004
This section of the Financial System Review examines the recent performance of the Canadian financial system and the factors, both domestic and international, that are influencing it. In each issue, one or more subjects of particular interest are discussed as highlighted topics.
ElasticSearch Score: 7.0369415
September 11, 2008
Cover page
Leonard C. Wyon: Canada’s Victorian Engraver
Photography by Gord Carter
ElasticSearch Score: 7.029489
This paper confirms the conjecture that the evaluation of tax policy leads to very different conclusions once the role of entrepreneurs is considered. Contrary to previous literature, the author finds that switching from a progressive to a proportional income tax system has a negligible effect on wealth inequality in the United States.
ElasticSearch Score: 7.0256815
The COVID-19 pandemic has caused an atypical recession in which some sectors of the economy boomed and others collapsed. This required a unique fiscal policy reaction to both support firms and stimulate activity in sectors with slack. Was fiscal policy able to get where it was needed? Mostly, yes.
ElasticSearch Score: 6.9744143
June 22, 2011
In this issue of the Financial System Review, the Bank of Canada’s Governing Council judges that, although the Canadian financial system is currently on a sound footing, risks to its stability remain elevated and have edged higher since December 2010.
ElasticSearch Score: 6.9739714
This paper explains the nature of interest rates in the U.S. federal funds market after the 2007-09 financial crisis. We build a model of the over-the-counter lending market that incorporates new aspects of the financial system: abundance of liquidity, different regulatory standards for banks, and arbitrage opportunities created by limited access to the facility granting interest on excess reserves.
ElasticSearch Score: 6.9452233
Traders using the electronic limit order book in the foreign exchange market can watch the posted price and depth of the best quotes change over the day.