Tractable Term-Structure Models and the Zero Lower Bound Staff Working Paper 2015-46 Anh Le, Bruno Feunou, Christian Lundblad, Jean-Sébastien Fontaine We greatly expand the space of tractable term-structure models. We consider one example that combines positive yields with rich volatility and correlation dynamics. Bond prices are expressed in closed form and estimation is straightforward. Content Type(s): Staff Research, Staff Working Papers Topic(s): Asset pricing, Interest rates, International financial markets, International topics, Transmission of monetary policy, Uncertainty and monetary policy JEL Code(s): G, G1, G12
December 8, 2015 Prudent Preparation: The Evolution of Unconventional Monetary Policies Remarks Stephen S. Poloz The Empire Club of Canada Toronto, Ontario Governor Poloz speaks about the Bank’s updated framework for unconventional monetary policies. Content Type(s): Press, Speeches Topic(s): Asset pricing, Central bank research, Interest rates, Monetary policy framework, Monetary policy implementation, Recent economic and financial developments