H4 - Publicly Provided Goods - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T11:09:35+00:00Blockchain-Based Settlement for Asset Trading
https://www.bankofcanada.ca/2018/09/staff-working-paper-2018-45/
Can securities be settled on a blockchain and, if so, what are the gains relative to existing settlement systems? We consider a blockchain that ensures delivery versus payment by linking transfers of assets with payments and operates using a proof-of-work protocol. The main benefit of a blockchain is faster and more flexible settlement, whereas the challenge is to avoid settlement fails when participants fork the chain to get rid of trading losses.2018-09-07T14:55:48+00:00enBlockchain-Based Settlement for Asset Trading2018-09-07Digital currencies and fintechEconomic modelsFinancial marketsPayment clearing and settlement systemsStaff Working Paper 2018-45https://www.bankofcanada.ca/wp-content/uploads/2018/09/swp2018-45.pdfBlockchain-Based Settlement for Asset TradingJonathan ChiuThorsten KoepplSeptember 2018GG2HH4PP4P43Incentive Compatibility on the Blockchain
https://www.bankofcanada.ca/2018/07/staff-working-paper-2018-34/
A blockchain is a digital ledger that keeps track of a record of ownership without the need for a designated party to update and enforce changes to the record. The updating of the ledger is done directly by the users of the blockchain and is traditionally governed by a proof-of-work (PoW) protocol.2018-07-19T11:41:47+00:00enIncentive Compatibility on the Blockchain2018-07-19Digital currencies and fintechEconomic modelsPayment clearing and settlement systemsStaff Working Paper 2018-34https://www.bankofcanada.ca/wp-content/uploads/2018/07/swp2018-34.pdfIncentive Compatibility on the BlockchainJonathan ChiuThorsten KoepplJuly 2018GG2HH4PP4P43Housing Price Network Effects from Public Transit Investment: Evidence from Vancouver
https://www.bankofcanada.ca/2018/05/staff-working-paper-2018-18/
In this paper, we estimate the effect on housing prices of the expansion of the Vancouver SkyTrain rapid transit network during the period 2001–11. We extend the canonical residential sorting equilibrium framework to include commuting time in the household utility function.2018-05-01T11:05:04+00:00enHousing Price Network Effects from Public Transit Investment: Evidence from Vancouver2018-05-01Asset pricingEconomic modelsHousingswp2018-18https://www.bankofcanada.ca/wp-content/uploads/2018/05/swp2018-18.pdfHousing Price Network Effects from Public Transit Investment: Evidence from VancouverAlex ChernoffAndrea CraigApril 2018HH4H41RR2R21R4R41