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Bank of Canada RSS Feedsen2024-03-29T02:39:42+00:00Measuring Systemic Importance of Financial Institutions: An Extreme Value Theory Approach
https://www.bankofcanada.ca/2011/09/working-paper-2011-19/
In this paper, we define a financial institution’s contribution to financial systemic risk as the increase in financial systemic risk conditional on the crash of the financial institution. The higher the contribution is, the more systemically important is the institution for the system.2011-09-30T09:04:00+00:00enMeasuring Systemic Importance of Financial Institutions: An Extreme Value Theory Approach2011-09-30Econometric and statistical methodsFinancial institutionsFinancial stabilityFinancial system regulation and policiesWorking Paper 2011-19https://www.bankofcanada.ca/wp-content/uploads/2011/09/wp2011-19.pdfMeasuring Systemic Importance of Financial Institutions: An Extreme Value Theory ApproachToni GravelleFuchun LiSeptember 2011CC1C14C5C58GG2G21G3G32Price-Level Targeting and Inflation Expectations: Experimental Evidence
https://www.bankofcanada.ca/2011/09/working-paper-2011-18/
In this paper, we use an economics decision-making experiment to test a key assumption underpinning the efficacy of price-level targeting relative to inflation targeting for business cycle stabilization and mitigating the effects of the zero lower bound on nominal interest rates.2011-09-09T09:13:08+00:00enPrice-Level Targeting and Inflation Expectations: Experimental Evidence2011-09-09Monetary policy frameworkWorking Paper 2011-18https://www.bankofcanada.ca/wp-content/uploads/2011/09/wp2011-18.pdfPrice-Level Targeting and Inflation Expectations: Experimental EvidenceRobert AmanoJim Engle-WarnickMalik ShukayevSeptember 2011EE3E32E5E52