Uncategorized

• March 18, 2014

  Redefining the Limits to Growth

  Remarks Stephen S. Poloz Halifax Chamber of Commerce Halifax, Nova Scotia

  Bank of Canada Governor Stephen S. Poloz discusses the forces that are holding back economic growth in Canada and the world.

  Content Type(s): Press, Speeches and appearances, Remarks
• March 14, 2014

  Weekly Financial Statistics - 14 March 2014

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• March 13, 2014

  Changes to Conditions for Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility (SLF)

  On September 5 2013, the Bank of Canada announced planned changes to concentration limits for private sector and municipal securities in relation to Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility (SLF).

  Content Type(s): Press, Market notices

• Macroeconomic Experiences and Risk Taking of Euro Area Households

  Staff Working Paper 2014-10 Miguel Ampudia, Michael Ehrmann

  This paper studies to what extent the experiences of households shape their willingness to take financial risks. It follows the methodology of Malmendier and Nagel (2011) and applies it to a novel data set on household finances covering euro area households.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Sectoral balance sheet JEL Code(s): D, D0, D03, D1, D14, D8, D83, G, G1, G11

• Labor Market Participation, Unemployment and Monetary Policy

  Staff Working Paper 2014-9 Alessia Campolmi, Stefano Gnocchi

  We incorporate a participation decision in a standard New Keynesian model with matching frictions and show that treating the labor force as constant leads to incorrect evaluation of alternative policies.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Business fluctuations and cycles, Labour markets, Monetary policy transmission JEL Code(s): E, E2, E24, E3, E32, E5, E52

• Rollover Risk and the Maturity Transformation Function of Banks

  Staff Working Paper 2014-8 Teodora Paligorova, João Santos

  This paper shows that banks that rely heavily on short-term funding engage less in maturity transformation in an attempt to decrease their exposure to rollover risk. These banks shorten both the maturity of their portfolio of loans as well as the maturity of newly issued loans. We find that the loan yield curve becomes steeper with banks’ increasing use of short-term funding.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Financial stability JEL Code(s): G, G2, G21
• March 8, 2014

  The Bank launches improved, mobile-ready version of its website

  The Bank of Canada has revamped its public website to make the site easier to read and navigate on a wide variety of devices. As well, the site offers new ways of browsing and monitoring Bank research activities.

  Content Type(s): Press, Announcements
• March 7, 2014

  Weekly Financial Statistics - 7 March 2014

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• March 6, 2014

  Stepping Outside: Analyzing the Canadian Economy from an International Perspective

  Remarks John Murray Victoria chapters of the Certified Management Accountants, Certified General Accountants and the Financial Management Institute Victoria, British Columbia

  Deputy Governor John Murray discusses the Canadian economy from an international perspective.

  Content Type(s): Press, Speeches and appearances, Remarks
• March 5, 2014

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent.

  Content Type(s): Press, Press releases