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9261 Results

December 18, 2013

Public Consultation: Policy guidance on the Bank of Canada’s risk-management standards for designated financial market infrastructures - Standard 2: Governance

The Bank of Canada, jointly with l'Autorité des marchés financiers (Quebec), British Columbia Securities Commission and Ontario Securities Commission, today published draft policy guidance related to the Bank’s risk management standards for designated Canadian financial market infrastructures (FMIs).
Content Type(s): Press, Market notices

Expansion of Higher Education, Employment and Wages: Evidence from the Russian Transition

Staff Working Paper 2013-45 Natalia Kyui
This paper analyzes the effects of an educational system expansion on labour market outcomes, drawing upon a 15-year natural experiment in the Russian Federation. Regional increases in student intake capacities in Russian universities, a result of educational reforms, provide a plausibly exogenous variation in access to higher education.
Content Type(s): Staff research, Staff working papers Topic(s): Development economics, Labour markets JEL Code(s): I, I2, I20, J, J2, J24
December 12, 2013

Monetary Policy an Exercise in Risk Management, Says Bank of Canada Governor Stephen S. Poloz

The financial crisis and the considerable uncertainty that has ensued are leading to a progressive redefinition of central banking, Bank of Canada Governor Stephen S. Poloz said today in a speech to the Canadian Club of Montréal. “We assess how risks could interact with each other. We gauge their potential impact. And we use judgment […]
Content Type(s): Press, Press releases
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