Alexandra Lai - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T08:10:53+00:00Shoring Up the Foundations for a More Resilient Banking System: The Development of Basel III
https://www.bankofcanada.ca/wp-content/uploads/2017/11/fsr-november2017-gomes.pdf
The authors trace the development of the Basel III standards for banking regulation. Basel III builds on two earlier frameworks, in response to weaknesses revealed during the global financial crisis. They highlight how implementation of the standards will underpin greater financial stability and provide a sound foundation for economic growth.2017-11-28T08:09:18+00:00enShoring Up the Foundations for a More Resilient Banking System: The Development of Basel III2017-11-28Recent Changes to the Bank of Canada’s Emergency Lending Assistance Policy
https://www.bankofcanada.ca/wp-content/uploads/2016/11/boc-review-autumn16-graham.pdf
Emergency Lending Assistance (ELA) is a discretionary last-resort collateralized loan or ad-vance by the Bank of Canada to eligible financial institutions (FIs) and financial market infrastructures (FMIs) facing serious liquidity problems. In December 2015, the Bank revised its ELA policy to (i) replace the requirement for an FI’s solvency with the requirement for a credible recovery and resolution framework; (ii) include mortgages as eligible collateral; and (iii) clarify both the eligibility requirements for FMIs and provincially regulated deposit-taking FIs.2016-11-17T12:09:48+00:00enRecent Changes to the Bank of Canada’s Emergency Lending Assistance Policy2016-11-17The Resolution of Systemically Important Financial Institutions
https://www.bankofcanada.ca/wp-content/uploads/2012/06/fsr-0612-lai.pdf
2012-06-14T09:36:35+00:00enThe Resolution of Systemically Important Financial Institutions2012-06-14Modelling Payments Systems: A Review of the Literature
https://www.bankofcanada.ca/wp-content/uploads/2012/01/fsr-0607-chiu.pdf
2007-06-21T15:10:29+00:00enModelling Payments Systems: A Review of the Literature2007-06-21Modelling Payments Systems: A Review of the Literature
https://www.bankofcanada.ca/2007/04/working-paper-2007-28/
Payments systems play a fundamental role in an economy by providing the mechanisms through which payments arising from transactions can be settled. The existing literature on the economics of payments systems is large but loosely organized, in that each model uses a distinct set-up and sometimes a distinct equilibrium concept.2007-04-04T12:47:00+00:00enModelling Payments Systems: A Review of the Literature2007-04-04Payment clearing and settlement systemsWorking Paper 2007-28 https://www.bankofcanada.ca/wp-content/uploads/2010/03/wp07-28.pdfModelling Payments Systems: A Review of the LiteratureJonathan ChiuAlexandra LaiApril 2007EE4E42E5E58GG2G21Credit in a Tiered Payments System
https://www.bankofcanada.ca/wp-content/uploads/2012/01/fsr-1206-lai.pdf
2006-12-21T15:37:49+00:00enCredit in a Tiered Payments System2006-12-21Credit in a Tiered Payments System
https://www.bankofcanada.ca/2006/10/working-paper-2006-36/
Payments systems are typically characterized by some degree of tiering, with upstream firms (clearing agents) providing settlement accounts to downstream institutions that wish to clear and settle payments indirectly in these systems (indirect clearers).2006-10-01T16:47:09+00:00enCredit in a Tiered Payments System2006-10-01Financial institutionsFinancial servicesMarket structure and pricingPayment clearing and settlement systemsWorking Paper 2006-36 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp06-36.pdfCredit in a Tiered Payments SystemAlexandra LaiNikil ChandeSean O'ConnorOctober 2006GG2G21LL1L12L13L2L22Multinationals and Exchange Rate Pass-Through
https://www.bankofcanada.ca/2006/08/working-paper-2006-30/
The authors examine the impact of multinational enterprises (MNEs) on exchange rate pass-through in an environment where an MNE engages in Cournot (quantity) competition with domestic and foreign rivals.2006-08-05T16:01:34+00:00enMultinationals and Exchange Rate Pass-Through2006-08-05Economic modelsExchange ratesMarket structure and pricingWorking Paper 2006-30 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp06-30.pdfMultinationals and Exchange Rate Pass-ThroughAlexandra LaiOana SecrieruAugust 2006FF2F23LL1L16Ownership Concentration and Competition in Banking Markets
https://www.bankofcanada.ca/wp-content/uploads/2012/01/fsr-0606-lai.pdf
2006-06-21T09:40:00+00:00enOwnership Concentration and Competition in Banking Markets2006-06-21Ownership Concentration and Competition in Banking Markets
https://www.bankofcanada.ca/2006/03/working-paper-2006-7/
Many countries prohibit large shareholdings in their domestic banks.The authors examine whether such a restriction restrains competition in a duopolistic loan market. Blockholders may influence managers' output decisions by choosing capital structure, as in Brander and Lewis (1986).2006-03-05T12:43:08+00:00enOwnership Concentration and Competition in Banking Markets2006-03-05Financial institutionsFinancial servicesFinancial system regulation and policiesWorking Paper 2006-7 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp06-7.pdfOwnership Concentration and Competition in Banking MarketsAlexandra LaiRaphael SolomonMarch 2006GG2G21G28G3G32LL1L10