Posts

• June 30, 2019

  Research Update - June 2019

  This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website.

  Content Type(s): Staff research, Research newsletters
• June 28, 2019

  Business Outlook Survey—Summer 2019

  Results from the summer Business Outlook Survey point to a slight improvement in business sentiment after a moderation in the previous survey. Investment and hiring intentions continue to be healthy.

  Content Type(s): Publications, Business Outlook Survey
• June 28, 2019

  Senior Loan Officer Survey—Second Quarter of 2019

  For household lending, mortgage conditions eased, while non-mortgage lending conditions remained unchanged. Overall business lending conditions eased slightly, driven mainly by small and commercial businesses outside the Prairies as well as corporates.

  Content Type(s): Publications, Senior Loan Officer Survey
• June 27, 2019

  Bank of Canada announces partnership to improve resilience in financial sector

  Media Relations Ottawa, Ontario

  The Bank’s cyber security strategy charts our course to reduce risk and promote resilience for the years 2019 to 2021.

  Content Type(s): Press, Press releases Source(s): Canadian Financial Sector Resiliency Group
• June 25, 2019

  The Tenth International Workshop on Theoretical and Experimental Macroeconomics

  Macroeconomic theories have traditionally been tested using non‐experimental data from the field. However, modern, micro‐based macroeconomic models can also be tested in the laboratory, which affords better causal inference, and researchers have begun to pursue such experimental tests.

  Content Type(s): Conferences and workshops
• June 24, 2019

  CARR Meeting (June 24, 2019)

  Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group

• Systemic Risk and Collateral Adequacy

  Staff Working Paper 2019-23 Radoslav Raykov

  Many derivatives markets use collateral requirements calculated with industry-standard but dated methods that are not designed with systemic risk in mind. This paper explores whether the conservative nature of conventional collateral requirements outweighs their lack of consideration of systemic risk.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial markets JEL Code(s): G, G1, G10, G2, G20
• June 17, 2019

  Flexible Exchange Rates, Commodity Prices and Price Stability

  Remarks Lawrence L. Schembri Economics Society of Northern Alberta (ESNA) Edmonton, Alberta

  Deputy Governor Lawrence Schembri speaks before the Economics Society of Northern Alberta (ESNA).

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Exchange rate regimes, Exchange rates, Financial markets, Inflation targets, Monetary policy framework
• June 17, 2019

  The merits of a floating exchange rate

  Speech summary Lawrence L. Schembri Economics Society of Northern Alberta (ESNA) Edmonton, Alberta

  Deputy Governor Lawrence Schembri explains how Canada’s monetary policy framework—inflation targeting underpinned by a flexible exchange rate—has proved to be the most durable in the post-war period.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Exchange rate regimes, Exchange rates, Financial markets, Inflation targets, Monetary policy framework

• Online Privacy and Information Disclosure by Consumers

  Staff Working Paper 2019-22 Shota Ichihashi

  A consumer discloses information to a multi-product seller, which learns about the consumer’s preferences, sets prices, and makes product recommendations. While the consumer benefits from accurate product recommendations, the seller may use the information to price discriminate.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models JEL Code(s): D, D8, D82, D83