Posts
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                    March 1, 2016Results of the 28-day 1 March 2016 Term Repo OperationResults of today's term repo operation.
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                    March 1, 2016Bank of Canada Announces the Minimum Bid Rate for Today's Term Repo OperationBank of Canada Announces the Minimum Bid Rate for Today's Term Repo Operation.
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                    February 29, 2016Bank of Canada Announces Details of its Term Repo OperationsThe Bank of Canada announced today that it will conduct term repo operations.
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                    Wait a Minute: The Efficacy of Discounting versus Non-Pecuniary Payment SteeringMerchants who accept credit cards face payment processing fees. In most countries, the no-surcharge rule prohibits them from using surcharges to pass these fees on to customers.
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                    February 29, 2016Research Update - February 2016This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website.
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                    Understanding Firms’ Inflation Expectations Using the Bank of Canada’s Business Outlook SurveyInflation expectations are a key determinant of actual and future inflation and thus matter for the conduct of monetary policy. We study how firms form their inflation expectations using quarterly firm-level data from the Bank of Canada’s Business Outlook Survey, spanning the 2001 to 2015 period.
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                    A Microfounded Design of Interconnectedness-Based Macroprudential PolicyTo address the challenges posed by global systemically important banks (G-SIBs), the Basel Committee on Banking Supervision recommended an “additional loss absorbency requirement” for these institutions. Along these lines, I develop a microfounded design of capital surcharges that target the interconnectedness component of systemic risk.