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Relevant literature on asset-liability management (ALM) is reviewed and different ALM approaches are discussed that may … be of interest to the Bank of Canada for the purpose of modelling the Exchange Fund Account (EFA). The author describes … attention is paid to central bank reserves management. Ideas and suggestions are offered for future research on the ALM …
Persistent link: https://www.econbiz.de/10003996809
cost of debt, subject to limitations on risk. The Bank of Canada provides debt-management analysis and advice to the … Government of Canada to assist in this task, with the Canadian debt-strategy model being developed to help in this regard. The … debt managers and is to be used in conjunction with the judgment of an experienced debt manager. -- Debt management …
Persistent link: https://www.econbiz.de/10009008000
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