May 13, 2014 Bank of Canada Review - Spring 2014 The five articles in this issue present research and analysis by Bank staff covering a variety of topics: the growth of Canadian-dollar-denominated assets in official foreign reserves; the emergence of platform-based digital currencies; methods of forecasting the real price of oil; measures of uncertainty in monetary policy; and the recent performance of the labour market in Canada and the United States. Content Type(s): Publications, Bank of Canada Review
High-Frequency Trading Competition Staff Working Paper 2014-19 Jonathan Brogaard, Corey Garriott, Anna Pomeranets We analyze trading dynamics as successive high-frequency trading (HFT) firms begin to trade stocks in an equity market. Entrants compete with incumbents for volume, and there is crowding out. Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, Market structure and pricing JEL Code(s): G, G1, G14, G2, G20, L, L1
May 9, 2014 Weekly Financial Statistics - 9 May 2014 Content Type(s): Publications, Historical: Weekly Financial Statistics
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May 9, 2014 Browse publications Find Bank of Canada publications by keyword, author, content type, JEL code, topic or publication date.
Interest on Cash, Fundamental Value Process and Bubble Formation on Experimental Asset Markets Staff Working Paper 2014-18 Giovanni Giusti, Janet Hua Jiang, Yiping Xu We study the formation of price bubbles on experimental asset markets where cash earns interest. There are two main conclusions. Content Type(s): Staff research, Staff working papers Topic(s): Asset pricing, Financial markets, Financial stability JEL Code(s): C, C9, C90, G, G1, G10
May 7, 2014 The Development of Digital Currencies and the Canadian Financial Landscape On 2 April, 2014, the Bank of Canada presented an educational session on e-money to the Senate of Canada’s Standing Committee on Banking, Trade and Commerce. The session highlighted recent innovations in Canada’s payments system and the economic needs that these innovations satisfy.