March 18, 2014 Demographics, Crisis Aftermath Pose Limits to Growth, Says Bank of Canada Governor Stephen S. Poloz Media Relations Halifax, Nova Scotia Demographic forces and the hangover from the global financial crisis together are putting limits on economic growth, Bank of Canada Governor Stephen S. Poloz said today in Halifax. “A period of subdued growth after a financial crisis can still be regarded as cyclical, in the sense that it will eventually prove to be temporary,” Governor […] Content Type(s): Press, Press releases
March 18, 2014 Redefining the Limits to Growth Remarks Stephen S. Poloz Halifax Chamber of Commerce Halifax, Nova Scotia Bank of Canada Governor Stephen S. Poloz discusses the forces that are holding back economic growth in Canada and the world. Content Type(s): Press, Speeches and appearances, Remarks
March 14, 2014 Weekly Financial Statistics - 14 March 2014 Content Type(s): Publications, Historical: Weekly Financial Statistics
March 13, 2014 Changes to Conditions for Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility (SLF) On September 5 2013, the Bank of Canada announced planned changes to concentration limits for private sector and municipal securities in relation to Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility (SLF). Content Type(s): Press, Market notices
Macroeconomic Experiences and Risk Taking of Euro Area Households Staff Working Paper 2014-10 Miguel Ampudia, Michael Ehrmann This paper studies to what extent the experiences of households shape their willingness to take financial risks. It follows the methodology of Malmendier and Nagel (2011) and applies it to a novel data set on household finances covering euro area households. Content Type(s): Staff research, Staff working papers Topic(s): Sectoral balance sheet JEL Code(s): D, D0, D03, D1, D14, D8, D83, G, G1, G11
Labor Market Participation, Unemployment and Monetary Policy Staff Working Paper 2014-9 Alessia Campolmi, Stefano Gnocchi We incorporate a participation decision in a standard New Keynesian model with matching frictions and show that treating the labor force as constant leads to incorrect evaluation of alternative policies. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Labour markets, Monetary policy transmission JEL Code(s): E, E2, E24, E3, E32, E5, E52