Publications and Research

By year

Working papers are published in the original language only, with an abstract in both official languages. Papers earlier than 1994 (not listed here) are available from Publications Distribution, Bank of Canada, 234 Wellington Street, Ottawa, Ontario K1A 0G9.

You can also view the working papers sorted by author.

2009-36
Real and Nominal Frictions within the Firm: How Lumpy Investment Matters for Price Adjustment
Michael K. Johnston

2009-35
Estimating DSGE-Model-Consistent Trends for Use in Forecasting
Jean-Philippe Cayen, Marc-André Gosselin, and Sharon Kozicki

2009-34
A Consistent Test for Multivariate Conditional Distributions
Fuchun Li and Greg Tkacz

2009-33
How Changes in Oil Prices Affect the Macroeconomy
Brian DePratto, Carlos de Resende, and Philipp Maier

2009-32
Optimal Monetary Policy during Endogenous Housing-Market Boom-Bust Cycles
Hajime Tomura

2009-31
Real Time Detection of Structural Breaks in GARCH Models
Zhongfang He and John M. Maheu

2009-30
Cross-border Mergers and Hollowing-out
Oana Secrieru and Marianne Vigneault

2009-29
Exchange Rate Pass-through and Monetary Policy: How Strong is the Link?
Stephen Murchison

2009-28
Bond Liquidity Premia
Jean-Sébastien Fontaine and René Garcia

2009-27
Risk Premium Shocks and the Zero Bound on Nominal Interest Rates
Robert Amano and Malik Shukayev

2009-26
Consumption, Housing Collateral, and the Canadian Business Cycle
Ian Christensen, Paul Corrigan, Caterina Mendicino, and Shin-Ichi Nishiyama

2009-25
Credit Constraints and Consumer Spending
Kimberly Beaton

2009-24
Resurrecting the Role of Real Money Balance Effects
José Dorich

2009-23
Short Changed? The Market's Reaction to the Short Sale Ban of 2008
Louis Gagnon and Jonathan Witmer

2009-22
Productivity, the Terms of Trade, and the Real Exchange Rate: The Balassa-Samuelson Hypothesis Revisited
Ehsan U. Choudhri and Lawrence L. Schembri

2009-21
Structural Inflation Models with Real Wage Rigidities: The Case of Canada
Jean-Marie Dufour, Lynda Khalaf, and Maral Kichian

2009-20
The Equity Premium and the Volatility Spread: The Role of Risk-Neutral Skewness
Bruno Feunou, Jean-Sébastien Fontaine, and Roméo Tedongap

2009-19
Structural Multi-Equation Macroeconomic Models: Identification-Robust Estimation and Fit
Jean-Marie Dufour, Lynda Khalaf, and Maral Kichian

2009-18
Simulations du ratio du service de la dette des consommateurs en utilisant des données micro
Ramdane Djoudad

2009-17
Adopting Price-Level Targeting under Imperfect Credibility in ToTEM
Gino Cateau, Oleksiy Kryvtsov, Malik Shukayev, and Alexander Ueberfeldt

2009-16
Real Effects of Price Stability with Endogenous Nominal Indexation
Césaire Meh, Vincenzo Quadrini, and Yaz Terajima

2009-15
Heterogeneous Beliefs and Housing-Market Boom-Bust Cycles in a Small Open Economy
Hajime Tomura

2009-14
Testing for Financial Contagion with Applications to the Canadian Banking System
Fuchun Li

2009-13
Price Movements in the Canadian Residential Mortgage Market
Jason Allen and Darcey McVanel

2009-12
Complex Ownership and Capital Structure
Teodora Paligorova and Zhaoxia Xu

2009-11
Information Flows and Aggregate Persistence
Oleksiy Kryvtsov

2009-10
Computing the Accuracy of Complex Non-Random Sampling Methods: The Case of the Bank of Canada's Business Outlook Survey
Daniel de Munnik, David Dupuis, and Mark Illing

2009-9
Inventories and Real Rigidities in New Keynesian Business Cycle Models
Oleksiy Kryvtsov and Virgiliu Midrigan

2009-8
Optimal Policy under Commitment and Price Level Stationarity
Gino Cateau

2009-7
Assessing Indexation-Based Calvo Inflation Models
Jean-Marie Dufour, Lynda Khalaf, and Maral Kichian

2009-6
Inventories, Markups, and Real Rigidities in Menu Cost Models
Oleksiy Kryvtsov and Virgiliu Midrigan

2009-5
Comparison of Auction Formats in Canadian Government Auctions
Olivier Armantier and Nourredine Lafhel

2009-4
What Accounts for the U.S.-Canada Education-Premium Difference?
Oleksiy Kryvtsov and Alexander Ueberfeldt

2009-3
Uninsurable Investment Risks and Capital Income Taxation
Césaire A. Meh and Yaz Terajima

2009-2
Monetary Policy Lag, Zero Lower Bound, and Inflation Targeting
Shin-Ichi Nishiyama

2009-1
The Impact of Market Timing on Canadian and U.S. Firms' Capital Structure
Zhaoxia Xu