The Bank of Canada is one of very few central banks that has made records of the intraday timing of its intervention operations available to researchers.
: Exchange rates; Financial marketsThis study has two aspects. First, the author examines the theoretical properties of the constant elasticity of substitution (CES) production function and the implications of this formulation for the properties of a structural macroeconomic model.
: Economic modelsThe author develops the first comparative empirical study of bank failures during the nineties between East Asia and Latin America using bank-level data, in order to address the following two questions: (i) To what extent did individual bank conditions explain bank failures? (ii) Did mainly the weakest banks, in terms of their fundamentals, fail in the crisis countries?
: Financial Institutions
![[+]](http://www.bankofcanada.ca/wp-content/plugins/collapsing-archives-boc-fork/img/expand.png)
![[-]](http://www.bankofcanada.ca/wp-content/plugins/collapsing-archives-boc-fork/img/collapse.png)