Showing 1 - 10 of 111
countries, Canada can avoid the uncertainty and volatility witnessed in carbon markets abroad while benefiting from an efficient …
Persistent link: https://www.econbiz.de/10003727254
levels. They focus primarily on papers written about Canada, but also draw on selected studies from other countries …
Persistent link: https://www.econbiz.de/10003727257
two of the main settlement systems in Canada. They are closely linked; for example, at the end of the day the final CDSX … payment obligations must settle on the Bank of Canada’s books, with payments made through the LVTS. CDSX settlement payments …
Persistent link: https://www.econbiz.de/10003727266
. As background, they provide a brief overview of the financial system in Canada, including a discussion of the financial …
Persistent link: https://www.econbiz.de/10003727268
The author constructs a measure of core inflation using a structural vector autoregression containing oil-price growth, output growth, and inflation. This macro-foundedʺ measure of inflation forecasts total inflation at least as well as other, atheoretical measures. -- Inflation and prices
Persistent link: https://www.econbiz.de/10003740815
kinds of non-bank retail payments schemes currently available in Canada, illustrating each by focusing on a specific example …
Persistent link: https://www.econbiz.de/10003790215
Canada played an important role in the postwar establishment of the International Monetary Fund (IMF), yet it was also … of a floating, market-determined exchange rate. Although the IMF heavily criticized this decision, Canada’s trail … floating exchange rates, which had predicted significant volatility. In May of 1962, Canada returned to the BrettonWoods system …
Persistent link: https://www.econbiz.de/10003790221
The authors examine the impact of the recent run-up in energy and non-energy commodity prices on the Canadian dollar. Using the Bank of Canadas' exchange rate equation, they find that the differences between the actual value of the Canadian exchange rate and the simulated values observed in 2007...
Persistent link: https://www.econbiz.de/10003775799
The proportion of assets held by the average Canadian firm in the form of cash has increased steadily since the early 1990s, and is now roughly twice as large as in 1990. The literature has established that the cash-holding behaviour of firms is highly correlated with financial constraints and...
Persistent link: https://www.econbiz.de/10003775805
The authors use microdata from the 1999 and 2005 Surveys of Financial Security to identify changes in household debt, and discuss their potential implications for monetary policy and financial stability. They document an increase in the debt-income ratio, which rose from 0.75 to 0.95, on...
Persistent link: https://www.econbiz.de/10003852758