March 30, 2013
Posts
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March 26, 2013
Toward a Stronger Financial Market Infrastructure for Canada: Taking Stock
Deputy Governor Agathe Côté discusses accomplishments and work still to do by public and private sector stakeholders to make financial market infrastructure more resilient. -
March 26, 2013
Bank of Canada designates SwapClear under the Payment Clearing and Settlement Act
The Governor of the Bank of Canada has designated SwapClear as subject to ongoing regulatory oversight by the Bank under the Payment Clearing and Settlement Act (PCSA), effective 2 April 2013. -
March 25, 2013
Bank of Canada Announces Recipients of 2013 Fellowship and Governor’s Awards
The Bank of Canada today announced the recipient of the Bank’s Fellowship Award and Governor's Award for 2013. -
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March 21, 2013
Summary of Comments - 2013-14 Debt Management Strategy Consultations
The Summary of Comments - 2013-14 Debt Management Strategy Consultations is being published on the Bank of Canada’s website in conjunction with the release of the government’s Debt Management Strategy for 2013-14. -
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A Tractable Monetary Model Under General Preferences
Consider the monetary model of Lagos and Wright (JPE 2005) but with general preferences and general production. I show that preferences satisfying UXXUHH – (UXH)2 = 0 is a sufficient condition for the existence and uniqueness of monetary equilibrium with degenerate money distribution. -
To Link or Not To Link? Netting and Exposures Between Central Counterparties
This paper provides a framework to compare linked and unlinked CCP configurations in terms of total netting achieved by market participants and the total system default exposures that exist between participants and CCPs.