Posts

• Measuring Systemic Importance of Financial Institutions: An Extreme Value Theory Approach

  Staff Working Paper 2011-19 Toni Gravelle, Fuchun Li

  In this paper, we define a financial institution’s contribution to financial systemic risk as the increase in financial systemic risk conditional on the crash of the financial institution. The higher the contribution is, the more systemically important is the institution for the system.

  Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Financial institutions, Financial stability, Financial system regulation and policies JEL Code(s): C, C1, C14, C5, C58, G, G2, G21, G3, G32
• September 27, 2011

  Managing Risks in the New Global Economic Landscape

  Remarks Tiff Macklem National Insurance Conference of Canada Vancouver, British Columbia

  Senior Deputy Governor Tiff Macklem discusses some of the challenges facing the private and public sectors as they manage risk in the new global economic landscape.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 25, 2011

  Some Current Issues in Financial Reform

  Remarks Mark Carney Institute of International Finance Washington, D.C.

  Governor Mark Carney discusses current financial system reform initiatives in a speech to the Institute of International Finance.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 25, 2011

  Financial System Reform Initiatives Mark Real Progress, Says Mark Carney, Governor of the Bank of Canada

  Media Relations Washington, D.C.

  Content Type(s): Press, Press releases
• September 20, 2011

  Recent Economic Developments

  Remarks Mark Carney Saint John Board of Trade Saint John, New Brunswick

  Governor Mark Carney discusses the changing global economic environment and the significant challenges and opportunities it presents for Canada.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 20, 2011

  Global Economic Environment Presents Significant Challenges and Opportunities for Canada

  Media Relations Saint John, New Brunswick

  Recent changes in the global economic environment present both significant challenges and opportunities for Canada, Governor Mark Carney said in a speech to the Saint John Board of Trade.

  Content Type(s): Press, Press releases
• September 19, 2011

  Curbing Contagion: Options and Challenges for Building More Robust Financial Market Infrastructure

  Remarks Timothy Lane Society for Worldwide Interbank Financial Telecommunication Annual Sibos Conference Toronto, Ontario

  Deputy Governor Tim Lane discusses the options and challenges for building more robust financial market infrastructure.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 13, 2011

  Bank of Canada Calls for Nominations for the 2012 Fellowship and Governor’s Awards

  Media Relations Ottawa, Ontario

  The Bank of Canada calls for nominations for the 2012 Fellowship and Governor’s Awards.

  Content Type(s): Press, Press releases Source(s): Fellowship Program

• Price-Level Targeting and Inflation Expectations: Experimental Evidence

  Staff Working Paper 2011-18 Robert Amano, Jim Engle-Warnick, Malik Shukayev

  In this paper, we use an economics decision-making experiment to test a key assumption underpinning the efficacy of price-level targeting relative to inflation targeting for business cycle stabilization and mitigating the effects of the zero lower bound on nominal interest rates.

  Content Type(s): Staff research, Staff working papers Topic(s): Monetary policy framework JEL Code(s): E, E3, E32, E5, E52
• September 7, 2011

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

  Content Type(s): Press, Press releases