G - Financial Economics - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T09:52:32+00:00Analyzing supply and demand for business loans using microdata from the Senior Loan Officer Survey
https://www.bankofcanada.ca/2021/06/staff-analytical-note-2021-13/
Both supply and demand factors help determine the level of business lending in the economy, but most data show only their combined effect on prices and quantities. Using the Bank of Canada’s Senior Loan Officer Survey microdata on financial institutions’ lending conditions and demand, we separate supply from demand effects.2021-06-30T11:33:44+00:00enAnalyzing supply and demand for business loans using microdata from the Senior Loan Officer Survey2021-06-30ToTEM III: The Bank of Canada’s Main DSGE Model for Projection and Policy Analysis
https://www.bankofcanada.ca/2021/06/technical-report-119/
ToTEM III is the most recent generation of the Bank of Canada’s main dynamic stochastic general equilibrium model for projection and policy analysis. The model helps Bank staff tell clear and coherent stories about the Canadian economy’s current state and future evolution.2021-06-28T08:50:52+00:00enToTEM III: The Bank of Canada’s Main DSGE Model for Projection and Policy Analysis2021-06-28Business fluctuations and cyclesEconomic modelsHousingInterest ratesMonetary policyTechnical Report 2021-119https://www.bankofcanada.ca/wp-content/uploads/2021/06/tr119.pdfTechnical Report 2021-119Paul CorriganHélène DesgagnésJosé DorichVadym LepetyukWataru MiyamotoYang ZhangJune 2021EE1E17E2E20E3E30E4E40E5E50E6E62E65FF4F40F41GG5G51Bank Runs, Bank Competition and Opacity
https://www.bankofcanada.ca/2021/06/staff-working-paper-2021-30/
How is the stability of the financial sector affected by competition in the deposit market and by decisions banks make about transparency? We find that policies that aim to increase bank competition lead to higher bank deposit rates, increasing both withdrawal incentives and instability.2021-06-22T15:38:53+00:00enBank Runs, Bank Competition and Opacity2021-06-22Financial institutionsFinancial marketsFinancial stabilityFinancial system regulation and policiesWholesale fundingStaff Working Paper 2021-30https://www.bankofcanada.ca/wp-content/uploads/2021/06/swp2021-30.pdfStaff Working Paper 2021-30Toni AhnertDavid Martinez-MieraJune 2021GG0G01G2G21A New Measure of Monetary Policy Shocks
https://www.bankofcanada.ca/2021/06/staff-working-paper-2021-29/
Combining various high frequency financial data with central bank projections, I construct a new measure of monetary policy shocks not predictable by the public information preceding a central bank’s announcements. I then study the causal effects of monetary policy on the macro economy.2021-06-21T14:33:29+00:00enA New Measure of Monetary Policy Shocks2021-06-21Business fluctuations and cyclesCentral bank researchEconometric and statistical methodsInterest ratesMonetary policyStaff Working Paper 2021-29https://www.bankofcanada.ca/wp-content/uploads/2021/06/swp2021-29.pdfStaff Working Paper 2021-29Xu ZhangJune 2021EE5GG0Consumer Cash Withdrawal Behaviour: Branch Networks and Online Financial Innovation
https://www.bankofcanada.ca/2021/06/staff-working-paper-2021-28/
The physical network of bank branches is important in how consumers manage their cash holdings. This paper estimates how consumer withdrawal behaviour responds to the distance they must travel to their branch.2021-06-17T15:48:36+00:00enConsumer Cash Withdrawal Behaviour: Branch Networks and Online Financial Innovation2021-06-17Bank notesDigital currencies and fintechStaff Working Paper 2021-28https://www.bankofcanada.ca/wp-content/uploads/2021/06/swp2021-28.pdfStaff Working Paper 2021-28Heng ChenMatthew StrathearnMarcel VoiaJune 2021GG2G21RR2R22