Exchange rates - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T08:25:11+00:00Trade Flows and Exchange Rates: Importers, Exporters and Products
https://www.bankofcanada.ca/2019/10/staff-working-paper-2019-41/
Using highly disaggregated transaction-level trade data, we document the importance of new firm-level trade partner relationships and the addition of new products to existing relationships in driving aggregate trade flows.2019-10-01T09:41:39+00:00enTrade Flows and Exchange Rates: Importers, Exporters and Products2019-10-01Exchange ratesFirm dynamicsInternational topicsStaff Working Paper 2019-41https://www.bankofcanada.ca/wp-content/uploads/2019/10/swp2019-41.pdfTrade Flows and Exchange Rates: Importers, Exporters and ProductsMichael DevereuxWei DongBen TomlinOctober 2019FF1F4Exchange Rates, Retailers, and Importing: Theory and Firm-Level Evidence
https://www.bankofcanada.ca/2019/09/staff-working-paper-2019-34/
We develop a model with firm heterogeneity in importing and cross-border shopping among consumers. Exchange-rate appreciations lower the cost of imported goods, but also lead to more cross-border shopping; hence, the net impact on aggregate retail prices and sales is ambiguous.2019-09-06T16:57:05+00:00enExchange Rates, Retailers, and Importing: Theory and Firm-Level Evidence2019-09-06Exchange ratesInternational topicsService sectorStaff Working Paper 2019-34https://www.bankofcanada.ca/wp-content/uploads/2019/09/swp2019-34.pdfExchange Rates, Retailers, and Importing: Theory and Firm-Level EvidenceAlex ChernoffPatrick AlexanderSeptember 2019FF1F10F14LL8L81Flexible Exchange Rates, Commodity Prices and Price Stability
https://www.bankofcanada.ca/2019/06/flexible-exchange-rates-commodity-prices-and-price-stability/
Deputy Governor Lawrence Schembri speaks before the Economics Society of Northern Alberta (ESNA).2019-06-17T14:30:14+00:00Flexible Exchange Rates, Commodity Prices and Price Stability2019-06-17Lawrence L. SchembriThe merits of a floating exchange rate
https://www.bankofcanada.ca/2019/06/merits-of-a-floating-exchange-rate/
Deputy Governor Lawrence Schembri explains how Canada’s monetary policy framework—inflation targeting underpinned by a flexible exchange rate—has proved to be the most durable in the post-war period.2019-06-17T14:30:04+00:00The merits of a floating exchange rate2019-06-17Lawrence L. SchembriEntrepreneurial Incentives and the Role of Initial Coin Offerings
https://www.bankofcanada.ca/2019/05/staff-working-paper-2019-18/
Initial coin offerings (ICOs) are a new mode of financing start-ups that saw an explosion in popularity in 2017 but declined in popularity in the second half of 2018 as regulatory pressure, instances of fraud and reports of poor performance began to undermine their reputation.2019-05-06T17:16:15+00:00enEntrepreneurial Incentives and the Role of Initial Coin Offerings2019-05-06Asset pricingExchange ratesStaff Working Paper 2019-18https://www.bankofcanada.ca/wp-content/uploads/2019/05/swp2019-18.pdfEntrepreneurial Incentives and the Role of Initial Coin OfferingsRodney J. GarrattMaarten van OordtMay 2019GG3G32Estimating the Effect of Exchange Rate Changes on Total Exports
https://www.bankofcanada.ca/2019/05/staff-working-paper-2019-17/
This paper shows that real effective exchange rate (REER) regressions, the standard approach for estimating the response of aggregate exports to exchange rate changes, imply biased estimates of the underlying elasticities. We provide a new aggregate regression specification that is consistent with bilateral trade flows micro-founded by the gravity equation.2019-05-03T08:34:29+00:00enEstimating the Effect of Exchange Rate Changes on Total Exports2019-05-03Econometric and statistical methodsExchange ratesInternational topicsStaff Working Paper 2019-17https://www.bankofcanada.ca/wp-content/uploads/2019/05/swp2019-17.pdfEstimating the Effect of Exchange Rate Changes on Total ExportsThierry MayerWalter SteingressMay 2019FF1F11F12F3F31F32