International topics - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T20:24:17+00:00The Monetary Origins of Asymmetric Information in International Equity Markets
https://www.bankofcanada.ca/2004/12/working-paper-2004-47/
Existing studies using low-frequency data show that macroeconomic shocks contribute little to international stock market covariation.2004-12-01T09:57:47+00:00enThe Monetary Origins of Asymmetric Information in International Equity Markets2004-12-01Financial marketsInternational topicsMarket structure and pricingWorking Paper 2004-47 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-47.pdfThe Monetary Origins of Asymmetric Information in International Equity MarketsGregory BauerClara VegaDecember 2004FF3F30GG1G12G14G15Summary of the G-20 Workshop on Developing Strong Domestic Financial Markets, 26-27 April 2004
https://www.bankofcanada.ca/wp-content/uploads/2010/06/stephan.pdf
G-20 representatives, academics, market participants, and members of international financial institutions were brought together in Ottawa to explore the connection between robust financial markets and economic growth and development, share experiences, and to develop policy recommendations, where possible. Participants identified several areas they deemed critical for fostering strong domestic financial markets and reducing external vulnerability: sound macroeconomics policies, strengthened financial infrastructures and banking systems, and exchange rate flexibility for countries with widely open capital accounts. Papers presented in the six sessions and keynote address highlighted a number of issues, including currency mismatches, the sequence of financial liberalization and supervisory reforms, the development of local financial markets, infrastructure building and governance, and appropriate incentives.2004-11-21T14:00:04+00:00enSummary of the G-20 Workshop on Developing Strong Domestic Financial Markets, 26-27 April 20042004-11-21The Transmission of World Shocks to Emerging-Market Countries: An Empirical Analysis
https://www.bankofcanada.ca/2004/11/working-paper-2004-44/
The first step in designing effective policies to stabilize an economy is to understand business cycles. No country is isolated from the world economy and external shocks are becoming increasingly important.2004-11-01T17:21:00+00:00enThe Transmission of World Shocks to Emerging-Market Countries: An Empirical Analysis2004-11-01Exchange rate regimesInternational topicsMonetary policy transmissionWorking Paper 2004-44 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-44.pdfThe Transmission of World Shocks to Emerging-Market Countries: An Empirical AnalysisBrigitte DesrochesNovember 2004EE3E30E32E6E61FF0F02International Equity Flows and Returns: A Quantitative Equilibrium Approach
https://www.bankofcanada.ca/2004/11/working-paper-2004-42/
The authors model trading by foreign and domestic investors in developed-country equity markets.2004-11-01T16:54:24+00:00enInternational Equity Flows and Returns: A Quantitative Equilibrium Approach2004-11-01Financial marketsInternational topicsMarket structure and pricingWorking Paper 2004-42 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-42.pdfInternational Equity Flows and Returns: A Quantitative Equilibrium ApproachRui AlbuquerqueMartin SchneiderGregory BauerNovember 2004FF3F30GG1G12G14G15Convergence of Government Bond Yields in the Euro Zone: The Role of Policy Harmonization
https://www.bankofcanada.ca/2004/06/working-paper-2004-23/
Since the early 1980s, long-term government bond yields in the euro zone have declined, in line with those in other industrialized countries.2004-06-01T17:37:26+00:00enConvergence of Government Bond Yields in the Euro Zone: The Role of Policy Harmonization2004-06-01Interest ratesInternational topicsWorking Paper 2004-23 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-23.pdfConvergence of Government Bond Yields in the Euro Zone: The Role of Policy HarmonizationDenise CôtéChristopher GrahamJune 2004CC2C23EE4E43E44FF3F36Exchange Rate Pass-Through and the Inflation Environment in Industrialized Countries: An Empirical Investigation
https://www.bankofcanada.ca/2004/06/working-paper-2004-21/
This paper investigates the question of whether a transition to a low-inflation environment, induced by a shift in monetary policy, results in a decline in the degree of pass-through of exchange rate movements to consumer prices.2004-06-01T14:48:59+00:00enExchange Rate Pass-Through and the Inflation Environment in Industrialized Countries: An Empirical Investigation2004-06-01Exchange ratesInflation and pricesInternational topicsWorking Paper 2004-21 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-21.pdfExchange Rate Pass-Through and the Inflation Environment in Industrialized Countries: An Empirical InvestigationJeannine BailliuEiji FujiiJune 2004EE3E31E4E42FF3F31Commodity-Linked Bonds: A Potential Means for Less-Developed Countries to Raise Foreign Capital
https://www.bankofcanada.ca/2004/06/working-paper-2004-20/
The author suggests that commodity-linked bonds could provide a potential means for less-developed countries (LDCs) to raise money on the international capital markets, rather than through standard forms of financing.2004-06-01T14:34:45+00:00enCommodity-Linked Bonds: A Potential Means for Less-Developed Countries to Raise Foreign Capital2004-06-01Development economicsFinancial marketsInternational topicsWorking Paper 2004-20 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-20.pdfCommodity-Linked Bonds: A Potential Means for Less-Developed Countries to Raise Foreign CapitalJoseph Atta-MensahJune 2004FF3F30F34F4F49GG1G11G13OO1O16International Cross-Listing and the Bonding Hypothesis
https://www.bankofcanada.ca/2004/05/working-paper-2004-17/
The authors describe a new view of cross-listing that links the impact on firm valuation to the firm's ability to develop an active secondary market for its shares in the U.S. markets.2004-05-01T13:10:31+00:00enInternational Cross-Listing and the Bonding Hypothesis2004-05-01Financial marketsInternational topicsWorking Paper 2004-17 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-17.pdfInternational Cross-Listing and the Bonding HypothesisMichael R. KingDan SegalMay 2004GG1G12G15National Saving–Investment Dynamics and International Capital Mobility
https://www.bankofcanada.ca/2004/04/working-paper-2004-14/
The authors analyze the dynamics of national saving–investment relationships to determine the degree of international capital mobility.2004-04-01T12:40:25+00:00enNational Saving–Investment Dynamics and International Capital Mobility2004-04-01International topicsWorking Paper 2004-14https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-14.pdfNational Saving–Investment Dynamics and International Capital MobilityFlorian PelgrinSebastian SchichApril 2004CC2C23FF3F31Modélisation « PAC » du secteur extérieur de l'économie américaine
https://www.bankofcanada.ca/2004/02/working-paper-2004-3/
In this paper, the authors use polynomial adjustment cost (PAC) models to analyze and forecast the main components of the U.S. trade sector.2004-02-01T10:49:07+00:00frModélisation « PAC » du secteur extérieur de l'économie américaine2004-02-01Domestic demand and componentsEconometric and statistical methodsInternational topicsWorking Paper 2004-3https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-3.pdfModélisation « PAC » du secteur extérieur de l’économie américaineMarc-André GosselinRené LalondeFebruary 2004CC3C32EE3E37FF4F47