Financial system regulation and policies - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T00:03:14+00:00Release of the Financial System Review
https://www.bankofcanada.ca/2015/12/opening-statement-151215/
Press conference following the release of the Financial System Review.2015-12-15T11:45:13+00:00Release of the Financial System Review2015-12-15Stephen S. PolozResidential Mortgage Securitization in Canada: A Review
https://www.bankofcanada.ca/wp-content/uploads/2015/12/fsr-december2015-mordel.pdf
Residential mortgage securitization plays an important role in the Canadian system of housing finance, especially given the rising share of government-supported (i.e., public) securitization over the past 15 years. Mordel and Stephens analyze the evolution of two types of mortgage securitization in Canada— private and public — focusing in particular on the underlying public policy and economic benefits of the latter. They review the potential implications of the extent of public securitization and conclude with a discussion of policies that could be considered to reinvigorate private securitization in Canada.2015-12-15T11:00:42+00:00enResidential Mortgage Securitization in Canada: A Review2015-12-15The Effect of Regulatory Changes on Monetary Policy Implementation Frameworks
https://www.bankofcanada.ca/wp-content/uploads/2015/11/boc-review-autumn15-aaron.pdf
This article provides an analysis of some recent banking regulatory initiatives that are likely to influence the activities of financial intermediaries and the effectiveness of central bank monetary policy implementation frameworks. Although the effects of individual regulations can be anticipated in most cases, the combined regulatory impact is not yet clear. Central banks should, however, be able to accommodate the effects of the emerging regulatory environment within their existing policy implementation frameworks.2015-11-19T10:35:37+00:00enThe Effect of Regulatory Changes on Monetary Policy Implementation Frameworks2015-11-19Credit Conditions and Consumption, House Prices and Debt: What Makes Canada Different?
https://www.bankofcanada.ca/2015/11/staff-working-paper-2015-40/
There is widespread agreement that, in the United States, higher house prices raise consumption via collateral or possibly wealth effects. The presence of similar channels in Canada would have important implications for monetary policy transmission.2015-11-12T13:05:54+00:00enCredit Conditions and Consumption, House Prices and Debt: What Makes Canada Different?2015-11-12Credit and credit aggregatesDomestic demand and componentsEconomic modelsFinancial institutionsFinancial stabilityFinancial system regulation and policiesHousingMonetary policy transmissionStaff Working Paper 2015-40 https://www.bankofcanada.ca/wp-content/uploads/2015/11/wp2015-40.pdfCredit Conditions and Consumption, House Prices and Debt: What Makes Canada Different?John MuellbauerPierre St-AmantDavid WilliamsNovember 2015EE0E02E2E21E4E44GG2G21RR2R21R3R31Domestic and Multilateral Effects of Capital Controls in Emerging Markets
https://www.bankofcanada.ca/2015/10/working-paper-2015-37/
Using a novel data set on capital control actions in 17 emerging-market economies (EMEs) over the period 2001–11, we provide new evidence on domestic and multilateral (or spillover) effects of capital controls.2015-10-23T10:31:48+00:00enDomestic and Multilateral Effects of Capital Controls in Emerging Markets2015-10-23Econometric and statistical methodsFinancial system regulation and policiesInternational financial marketsInternational topicsMonetary policy frameworkWorking Paper 2015-37https://www.bankofcanada.ca/wp-content/uploads/2015/10/wp2015-37.pdfDomestic and Multilateral Effects of Capital Controls in Emerging MarketsGurnain PasrichaMatteo FalagiardaMartin BijsterboschJoshua AizenmanOctober 2015FF3F32F4F41F42GG1G15Integrating Financial Stability into Monetary Policy
https://www.bankofcanada.ca/2015/10/integrating-financial-stability-into-monetary-policy/
Governor Poloz speaks about the Bank’s research agenda and how it supports efforts to integrate financial stability concerns into monetary policy.2015-10-12T13:04:38+00:00Integrating Financial Stability into Monetary Policy2015-10-12Stephen S. PolozPublic Policy Objectives and the Next Generation of CPA Systems: An Analytical Framework
https://www.bankofcanada.ca/2015/09/discussion-paper-2015-6/
The payments landscape in Canada is rapidly changing and will continue to evolve, fuelled by strong and persistent drivers. In Canada, the Canadian Payments Association (CPA) is on a path to modernize Canada’s core payment systems.2015-09-16T15:39:11+00:00enPublic Policy Objectives and the Next Generation of CPA Systems: An Analytical Framework2015-09-16Economic modelsFinancial servicesFinancial system regulation and policiesPayment clearing and settlement systemsDiscussion Paper 2015-6 https://www.bankofcanada.ca/wp-content/uploads/2015/09/dp2015-6.pdfPublic Policy Objectives and the Next Generation of CPA Systems: An Analytical FrameworkJames ChapmanJonathan ChiuSajjad JafriHéctor Pérez SaizSeptember 2015EE4E42LL1L14L15L5L52The Long-Term Evolution of House Prices: An International Perspective
https://www.bankofcanada.ca/2015/08/long-term-evolution-house-prices/
Deputy Governor Lawrence Schembri discusses the international evidence of underlying determinants of long-term movements in house prices.2015-08-25T12:25:54+00:00The Long-Term Evolution of House Prices: An International Perspective2015-08-25Lawrence L. SchembriQuantifying Contagion Risk in Funding Markets: A Model-Based Stress-Testing Approach
https://www.bankofcanada.ca/2015/08/working-paper-2015-32/
We propose a tractable, model-based stress-testing framework where the solvency risks, funding liquidity risks and market risks of banks are intertwined.2015-08-07T11:53:48+00:00enQuantifying Contagion Risk in Funding Markets: A Model-Based Stress-Testing Approach2015-08-07Financial stabilityFinancial system regulation and policiesWorking Paper 2015-32https://www.bankofcanada.ca/wp-content/uploads/2015/08/wp2015-32.pdfQuantifying Contagion Risk in Funding Markets: A Model-Based Stress-Testing ApproachKartik AnandCéline GauthierMoez SouissiAugust 2015CC7C72EE5E58GG0G01G2G21G28Risk Sharing in the Presence of a Public Good
https://www.bankofcanada.ca/2015/07/working-paper-2015-27/
This paper studies an economy where agents can spend resources on consuming a private good and on funding a public good. There is asymmetric information regarding agents’ relative preference for private versus public good consumption.2015-07-16T13:45:45+00:00enRisk Sharing in the Presence of a Public Good2015-07-16Financial stabilityFinancial system regulation and policiesFiscal policyWorking Paper 2015-27https://www.bankofcanada.ca/wp-content/uploads/2015/07/wp2015-27.pdfRisk Sharing in the Presence of a Public GoodJosef SchrothJuly 2015DD8D82D86EE6E62HH2H21H23H7H77