Staff discussion papers - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-28T18:28:22+00:00Should Central Banks Adjust Their Target Horizons in Response to House-Price Bubbles?
https://www.bankofcanada.ca/2007/05/discussion-paper-2007-4/
The authors investigate the implications of house-price bubbles for the optimal inflation-target horizon using a dynamic general-equilibrium model with credit frictions, house-price bubbles, and small open-economy features. They find that, given the distribution of shocks and inflation persistence over the past 25 years, the optimal target horizon for Canada tends to be at the lower […]2007-05-11T11:18:58+00:00enShould Central Banks Adjust Their Target Horizons in Response to House-Price Bubbles?2007-05-11Central bank researchCredit and credit aggregatesEconomic modelsInflation targetsMonetary policy frameworkMonetary policy transmissionDiscussion Paper 2007-4https://www.bankofcanada.ca/wp-content/uploads/2010/01/dp07-4.pdfShould Central Banks Adjust Their Target Horizons in Response to House-Price Bubbles?Meenakshi Basant RoiRhys R. MendesMay 2007EE4E42E44E5E52E58E6E61Vulnerabilities in Defined-Benefit Pension Plans
https://www.bankofcanada.ca/2007/05/discussion-paper-2007-3/
An effective pension system enhances economic and financial efficiency. A majority of pension plans in Canada are defined-benefit (DB) plans, but DB plans are under stress from increasing longevity, low long-term interest rates, and the shrinking equity premium. DB plans are vulnerable to such shocks because they are complex financial vehicles, with interdependencies not fully […]2007-05-11T11:03:05+00:00enVulnerabilities in Defined-Benefit Pension Plans2007-05-11Financial institutionsDiscussion Paper 2007-3https://www.bankofcanada.ca/wp-content/uploads/2010/01/dp07-3.pdfVulnerabilities in Defined-Benefit Pension PlansJack SelodyMay 2007GG2G23Implications of New Accounting Standards for the Bank of Canada's Balance Sheet
https://www.bankofcanada.ca/2007/05/discussion-paper-2007-2/
The Canadian Institute of Chartered Accountants (CICA) has implemented new accounting standards for the valuation and reporting of financial instruments. They are effective for the Bank of Canada in 2007. As a result of these changes, the Bank has begun valuing its holdings of Government of Canada treasury bills on a fair value basis and […]2007-05-07T14:24:07+00:00enImplications of New Accounting Standards for the Bank of Canada's Balance Sheet2007-05-07Financial institutionsMonetary policy frameworkDiscussion Paper 2007-2https://www.bankofcanada.ca/wp-content/uploads/2010/01/dp07-2-e.pdfImplications of New Accounting Standards for the Bank of Canada’s Balance SheetMark ZelmerGrahame JohnsonMay 2007EE5E58MM4