Monetary Policy Spillover to Small Open Economies: Is the Transmission Different under Low Interest Rates? Staff Working Paper 2021-62 Jin Cao, Valeriya Dinger, Tomás Gómez, Zuzana Gric, Martin Hodula, Alejandro Jara, Ragnar Juelsrud, Karolis Liaudinskas, Simona Malovaná, Yaz Terajima Does the transmission of monetary policy change when interest rates are low or negative? We shed light on this question by analyzing the international bank lending channels of monetary policy using regulatory data on banks from four small open economies: Canada, Chile, the Czech Republic and Norway. Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, International topics, Monetary policy transmission JEL Code(s): E, E4, E43, E5, E52, E58, F, F3, F34, F4, F42, G, G2, G21, G28
November 30, 2021 CFIF Meeting (November 30, 2021) Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
November 30, 2021 Research Update - November 2021 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
November 29, 2021 The Indigenous economy in Canada: Partnering to promote Presentation (delivered virtually) Lawrence L. Schembri Symposium on Indigenous Economies Ottawa, Ontario As part of a panel of central bankers, Deputy Governor Lawrence Schembri speaks about economic reconciliation and why it is “completely consistent with the Bank’s mandate.” Content Type(s): Press, Speeches and appearances, Presentations
November 29, 2021 Opening Statement before the Symposium on Indigenous Economies Opening statement (delivered virtually) Tiff Macklem Symposium on Indigenous Economies Ottawa, Ontario Governor Tiff Macklem speaks about the need for a more inclusive economy and says “taking concrete steps toward economic reconciliation is our responsibility too.” Content Type(s): Press, Speeches and appearances, Opening statements