Research - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T10:49:24+00:00The Effect of the Sarbanes-Oxley Act on CEO Pay for Luck
https://www.bankofcanada.ca/2008/06/working-paper-2008-20/
According to the rent-extraction hypothesis, weak corporate governance allows entrenched CEOs to capture the pay-setting process and benefit from events outside of their control – get paid for luck.2008-06-28T09:38:32+00:00enThe Effect of the Sarbanes-Oxley Act on CEO Pay for Luck2008-06-28Labour marketsWorking Paper 2008-20 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-20.pdfThe Effect of the Sarbanes-Oxley Act on CEO Pay for LuckTeodora PaligorovaJune 2008GG3G38JJ3J33MM5M52Inflation, Nominal Portfolios, and Wealth Redistribution in Canada
https://www.bankofcanada.ca/2008/06/working-paper-2008-19/
There is currently a policy debate on potential refinements to monetary policy regimes in countries with low and stable inflation such as the U.S. and Canada. For example, in Canada, a systematic review of the current inflation targeting framework is underway.2008-06-18T09:31:05+00:00enInflation, Nominal Portfolios, and Wealth Redistribution in Canada2008-06-18Inflation and pricesInflation targetsInflation: costs and benefitsMonetary policy frameworkSectoral balance sheetWorking Paper 2008-19https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-19.pdfInflation, Nominal Portfolios, and Wealth Redistribution in CanadaCésaire MehYaz TerajimaJune 2008DD3D31D5D58EE3E31E5E50Empirical Likelihood Block Bootstrapping
https://www.bankofcanada.ca/2008/06/working-paper-2008-18/
Monte Carlo evidence has made it clear that asymptotic tests based on generalized method of moments (GMM) estimation have disappointing size. The problem is exacerbated when the moment conditions are serially correlated.2008-06-06T09:24:26+00:00enEmpirical Likelihood Block Bootstrapping2008-06-06Econometric and statistical methodsWorking Paper 2008-18 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-18.pdfEmpirical Likelihood Block BootstrappingJason AllenAllan GregoryKatsumi ShimotsuJune 2008CC1C14C2C22