Posts

• November 1, 2018

  Bank of Canada webcasts lecture and panel discussion on inflation targeting

  On Thursday, November 1, 2018, the Bank of Canada will host its annual economic conference. This year’s theme is inflation targeting. Academics, policy-makers, private sector economists and representatives from policy think tanks will be among those in attendance. Select sessions will be webcast live on the Bank’s website.

  Content Type(s): Press, Media Advisories

• Non-Performing Loans, Fiscal Costs and Credit Expansion in China

  Staff Working Paper 2018-53 Huixin Bi, Yongquan Cao, Wei Dong

  This paper studies how the credit expansion policy pursued by the Chinese government in an effort to stimulate its economy in the post-crisis period affects bank–firm loan contracts and the macroeconomy. We build a structural model with financial frictions in which the optimal loan contract reflects the trade-off between leverage and the probability of default.

  Content Type(s): Staff Research, Staff Working Papers Topic(s): Credit and credit aggregates, Fiscal policy, International topics JEL Code(s): E, E4, E44, E6, E62
• November 1, 2018

  Bank of Canada publishes staff economic projections for the first time

  Media Relations Ottawa, Ontario

  Today the Bank of Canada launched a digital database with more than 30 years of past staff economic projections of the Canadian economy.

  Content Type(s): Press, Press Releases
• November 1, 2018

  2018 Bank of Canada Annual Conference: Inflation Targeting: Revisit! Revise it?

  Conference held on November 1-2, 2018.

  Content Type(s): Conference