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8737 Results

Small‐Sample Tests for Stock Return Predictability with Possibly Non‐Stationary Regressors and GARCH‐Type Effects

Staff working paper 2017-10 Sermin Gungor, Richard Luger
We develop a simulation-based procedure to test for stock return predictability with multiple regressors. The process governing the regressors is left completely free and the test procedure remains valid in small samples even in the presence of non-normalities and GARCH-type effects in the stock returns.
March 2, 2017

Finance and Sustainability Initiative - Speech (Webcasts)

Climate change and Canada’s economic future - Deputy Governor Timothy Lane speaks to the Finance and Sustainability Initiative (13:00 (ET) approx.)
March 2, 2017

Thermometer Rising—Climate Change and Canada’s Economic Future

Remarks Timothy Lane Finance and Sustainability Initiative Montréal, Quebec
Deputy Governor Tim Lane discusses the implications of climate change—and actions to address it—for Canada’s economy and financial system.
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