Hélène Desgagnés - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T23:15:53+00:00COVID-19 and Financial Stability: Practice Ahead of Theory
https://www.bankofcanada.ca/2022/08/staff-discussion-paper-2022-18/
The COVID-19 pandemic uncovered policy challenges related to the economic measures that were taken to support the economy. Two years later, we attempt to identify the broader impact of these measures and research that needs to follow.2022-08-26T12:56:19+00:00enCOVID-19 and Financial Stability: Practice Ahead of Theory2022-08-26Coronavirus disease (COVID-19)Financial stabilityFinancial system regulation and policiesStaff Discussion Paper 2022-18https://www.bankofcanada.ca/wp-content/uploads/2022/08/sdp2022-18.pdfStaff Discussion Paper 2022-18Jing YangHélène DesgagnésGrzegorz HalajYaz TerajimaAugust 2022EE5E58E6E61GG2G21HH3H8H84ToTEM III: The Bank of Canada’s Main DSGE Model for Projection and Policy Analysis
https://www.bankofcanada.ca/2021/06/technical-report-119/
ToTEM III is the most recent generation of the Bank of Canada’s main dynamic stochastic general equilibrium model for projection and policy analysis. The model helps Bank staff tell clear and coherent stories about the Canadian economy’s current state and future evolution.2021-06-28T08:50:52+00:00enToTEM III: The Bank of Canada’s Main DSGE Model for Projection and Policy Analysis2021-06-28Business fluctuations and cyclesEconomic modelsHousingInterest ratesMonetary policyTechnical Report 2021-119https://www.bankofcanada.ca/wp-content/uploads/2021/06/tr119.pdfTechnical Report 2021-119Paul CorriganHélène DesgagnésJosé DorichVadym LepetyukWataru MiyamotoYang ZhangJune 2021EE1E17E2E20E3E30E4E40E5E50E6E62E65FF4F40F41GG5G51The Rise of Non-Regulated Financial Intermediaries in the Housing Sector and its Macroeconomic Implications
https://www.bankofcanada.ca/2017/09/staff-working-paper-2017-36/
I examine the impact of non-regulated lenders in the mortgage market using a dynamic stochastic general equilibrium (DSGE) model. My model features two types of financial intermediaries that differ in three ways: (i) only regulated intermediaries face a capital requirement, (ii) non-regulated intermediaries finance themselves by selling securities and cannot accept deposits, and (iii) non-regulated intermediaries face a more elastic demand.2017-09-14T10:26:31+00:00enThe Rise of Non-Regulated Financial Intermediaries in the Housing Sector and its Macroeconomic Implications2017-09-14Business fluctuations and cyclesEconomic modelsFinancial system regulation and policiesHousingStaff Working Paper 2017-36https://www.bankofcanada.ca/wp-content/uploads/2017/09/swp2017-36.pdfThe Rise of Non-Regulated Financial Intermediaries in the Housing Sector and its Macroeconomic ImplicationsHélène DesgagnésSeptember 2017EE3E32E4E44E47E6E60GG2G21G23G28