Staff working papers

• Une analyse empirique du lien entre la productivité et le taux de change réel Canada-É-U

  Staff Working Paper 2000-22 David Dupuis, David Tessier

  The relative productivity gap between Canada and the United States is a controversial subject matter. One argument especially contentious in this debate stems from the belief that the gradual depreciation of the Canadian dollar over the last 20 years has been one of the determinants of the productivity gap.

  Content Type(s): Staff research, Staff working papers

• Steps in Applying Extreme Value Theory to Finance: A Review

  Staff Working Paper 2000-20 Younes Bensalah

  Extreme value theory (EVT) has been applied in fields such as hydrology and insurance. It is a tool used to consider probabilities associated with extreme and thus rare events. EVT is useful in modelling the impact of crashes or situations of extreme stress on investor portfolios.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial markets JEL Code(s): C, C0, C4, C5, G, G1