Severino, Federico; Cremona, Marzia A.; Dadié, Éric - In: Review of Economic Analysis : REA 14 (2022) 4, pp. 471-502
In Canada, COVID-19 pandemic triggered exceptional monetary policy interventions by the central bank, which in March 2020 made multiple unscheduled cuts to its target rate. In this paper we assess the extent to which Bank of Canada interventions affected the determinants of the yield curve. In...