Staff discussion papers - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T21:12:25+00:00Government of Canada Securities in the Cash, Repo and Securities Lending Markets
https://www.bankofcanada.ca/2018/01/staff-discussion-paper-2018-4/
This paper documents the properties of Government of Canada securities in cash, repo and securities lending transactions over their life cycle. By tracking every security from issuance to maturity, we are able to highlight inter-linkages between the markets for cash and for specific securities.2018-01-31T13:44:50+00:00enGovernment of Canada Securities in the Cash, Repo and Securities Lending Markets2018-01-31Financial marketsWholesale fundingStaff Discussion Paper 2018-4https://www.bankofcanada.ca/wp-content/uploads/2018/01/sdp2018-4.pdfGovernment of Canada Securities in the Cash, Repo and Securities Lending MarketsNarayan BulusuSermin GungorJanuary 2018GG1G12G2G21G23A Calibrated Model of Intraday Settlement
https://www.bankofcanada.ca/2018/01/staff-discussion-paper-2018-3/
This paper estimates potential exposures, netting benefits and settlement gains by merging retail and wholesale payments into batches and conducting multiple intraday settlements in this hypothetical model of a single "calibrated payments system." The results demonstrate that credit risk exposures faced by participants in the system are largely dependent on their relative activity in the retail and wholesale payments systems.2018-01-25T10:00:16+00:00enA Calibrated Model of Intraday Settlement2018-01-25Econometric and statistical methodsFinancial stabilityPayment clearing and settlement systemsStaff Discussion Paper 2018-3https://www.bankofcanada.ca/wp-content/uploads/2018/01/sdp2018-3.pdfA Calibrated Model of Intraday SettlementHéctor Pérez SaizSiddharth UntawalaGabriel XerriJanuary 2018CC5C58GG2G21G23Tail Risk in a Retail Payment System: An Extreme-Value Approach
https://www.bankofcanada.ca/2018/01/staff-discussion-paper-2018-2/
The increasing importance of risk management in payment systems has led to the development of an array of sophisticated tools designed to mitigate tail risk in these systems. In this paper, we use extreme value theory methods to quantify the level of tail risk in the Canadian retail payment system (ACSS) for the period from 2002 to 2015.2018-01-22T15:48:13+00:00enTail Risk in a Retail Payment System: An Extreme-Value Approach2018-01-22Econometric and statistical methodsFinancial stabilityPayment clearing and settlement systemsStaff Discussion Paper 2018-2https://www.bankofcanada.ca/wp-content/uploads/2018/01/sdp2018-2.pdfTail Risk in a Retail Payment System: An Extreme-Value ApproachHéctor Pérez SaizBlair WilliamsGabriel XerriJanuary 2018CC5C58GG2G21G23Canada’s Experience with Trade Policy
https://www.bankofcanada.ca/2018/01/staff-discussion-paper-2018-1/
This paper compiles the contemporary view on three major Canadian-led trade policies that have marked Canada’s economic history since Confederation: the National Policy (1879), the Canada–US Agreement on Automotive Products (Auto Pact, 1965) and the Canada–US Free Trade Agreement (FTA, 1989, including its extension to the North American Free Trade Agreement, NAFTA, 1994).2018-01-09T14:06:49+00:00enCanada’s Experience with Trade Policy2018-01-09International topicsTrade integrationStaff Discussion Paper 2018-1https://www.bankofcanada.ca/wp-content/uploads/2018/01/sdp2018-1.pdfCanada’s Experience with Trade PolicyKaryne B. CharbonneauDaniel de MunnikLaura MurphyJanuary 2018FF1F13NN7N71N72