E - Macroeconomics and Monetary Economics - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T20:46:38+00:00Text Mining and the Information Content of Bank of Canada Communications
https://www.bankofcanada.ca/2010/11/working-paper-2010-31/
This paper uses Latent Semantic Analysis to extract information from Bank of Canada communication statements and investigates what type of information affects returns and volatility in short-term as well as long-term interest rate markets over the 2002-2008 period.2010-11-29T09:36:45+00:00enText Mining and the Information Content of Bank of Canada Communications2010-11-29Financial marketsMonetary policy implementationWorking Paper 2010-31https://www.bankofcanada.ca/wp-content/uploads/2010/11/wp10-31.pdfText Mining and the Information Content of Bank of Canada CommunicationsScott HendryAlison MadeleyNovember 2010EE5E58GG1G14On Fiscal Multipliers: Estimates from a Medium Scale DSGE Model
https://www.bankofcanada.ca/2010/11/working-paper-2010-30/
This paper contributes to the debate on fiscal multipliers, in the context of a structural model. I estimate a micro-founded dynamic stochastic general equilibrium model, that features a rich fiscal policy block and a transmission mechanism for government spending shocks, using Bayesian techniques for US data.2010-11-23T13:49:23+00:00enOn Fiscal Multipliers: Estimates from a Medium Scale DSGE Model2010-11-23Economic modelsFiscal policyWorking Paper 2010-30https://www.bankofcanada.ca/wp-content/uploads/2010/11/wp10-30.pdfOn Fiscal Multipliers: Estimates from a Medium Scale DSGE ModelSarah ZubairyNovember 2010CC1C11EE3E32E6E62HH3H30Understanding Systemic Risk: The Trade-Offs between Capital, Short-Term Funding and Liquid Asset Holdings
https://www.bankofcanada.ca/2010/11/working-paper-2010-29/
We offer a multi-period systemic risk assessment framework with which to assess recent liquidity and capital regulatory requirement proposals in a holistic way.2010-11-16T10:39:04+00:00enUnderstanding Systemic Risk: The Trade-Offs between Capital, Short-Term Funding and Liquid Asset Holdings2010-11-16Financial stabilityFinancial system regulation and policiesWorking Paper 2010-29https://www.bankofcanada.ca/wp-content/uploads/2010/11/wp10-29.pdfUnderstanding Systemic Risk: The Trade-Offs between Capital, Short-Term Funding and Liquid Asset HoldingsCéline GauthierZhongfang HeMoez SouissiNovember 2010CC1C15C8C81EE4E44GG0G01G2G21Trends in U.S. Hours and the Labor Wedge
https://www.bankofcanada.ca/2010/11/working-paper-2010-28/
From 1980 until 2007, U.S. average hours worked increased by thirteen percent, due to a large increase in female hours. At the same time, the U.S. labor wedge, measured as the discrepancy between a representative household's marginal rate of substitution between consumption and leisure and the marginal product of labor, declined substantially.2010-11-08T15:19:41+00:00enTrends in U.S. Hours and the Labor Wedge2010-11-08Economic modelsLabour marketsPotential outputWorking Paper 2010-28https://www.bankofcanada.ca/wp-content/uploads/2010/11/wp10-28.pdfTrends in U.S. Hours and the Labor WedgeSimona CociubaAlexander UeberfeldtNovember 2010EE2E24HH2H20H3H31JJ2J22Has the Inclusion of Forward-Looking Statements in Monetary Policy Communications Made the Bank of Canada More Transparent?
https://www.bankofcanada.ca/2010/11/discussion-paper-2010-15/
To investigate the extent to which the transparency of the Bank of Canada's monetary policy has improved, the authors examine empirically – over the period 30 October 2000 to 31 May 2007 – the reaction of Canadian financial markets to official Bank communications, and in particular their reaction to the recent inclusion of forward-looking policy-rate guidance in these communications.2010-11-08T15:03:54+00:00enHas the Inclusion of Forward-Looking Statements in Monetary Policy Communications Made the Bank of Canada More Transparent?2010-11-08Central bank researchInterest ratesMonetary policy communicationsMonetary policy transmissionDiscussion Paper 2010-15https://www.bankofcanada.ca/wp-content/uploads/2010/11/dp10-15.pdfHas the Inclusion of Forward-Looking Statements in Monetary Policy Communications Made the Bank of Canada More Transparent?Christine FayToni GravelleNovember 2010EE5E52E58