We analyze daily mortgage rates posted by online lenders at the price comparison site, Microsurf. While cost shocks … occurred almost daily in our sample, quoted mortgage rates are surprisingly rigid: Only 16 percent of the posted rates … rates systematically depends on market structure: Online mortgage rates are 30 to 40 percent more durable in concentrated …

Using detailed data from Canada's new high-value payment system (HVPS), we show how participants of the system save …

of the subsidies accruing to systemic banks in Canada. The first is based on credit rating agencies' assessment of public … address TBTF externalities. That said, Canada being an early adopter of Basel III might help explain the significant reduction …

The authors document leverage, capital and liquidity ratios of banks in Canada. These ratios are important indicators … compare leverage and capital ratios for banks in Canada and the United States in the period leading up to the recent crisis …. They find that in Canada, most of the risks indicated by these balance-sheet ratios are concentrated among large banks that …

' funding advantage in Canada, and on the extent to which market discipline exists across different securities issued by the … Canadian banks. The banking sector in Canada provides a unique setting in which to examine market discipline along with the … prospects of proposed reforms, because Canada has no history of government bailouts. Our results suggest that large banks likely …

mortgage providers but the largest bank shifted the Dutch mortgage market from a competitive to a collusive price leadership … equilibrium. In May 2009, mortgage rates in The Netherlands suddenly rose against the decreasing funding cost trend to almost a …, and estimate response adjustments in cointegrating equations on a large data set of daily mortgage rates 2004 …

We provide a framework for empirical analysis of negotiated-price markets. Using mortgage market data and a search and …