Ramdane Djoudad - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T01:35:54+00:00Méthodologie de construction de séries de taux de défaut pour l’industrie canadienne
https://www.bankofcanada.ca/2013/03/discussion-paper-2013-2/
Default rates are series commonly used in stress testing. In Canada, as in many other countries, there are no historical series available for sectoral default rates on bank loans to firms.2013-03-07T09:29:18+00:00frMéthodologie de construction de séries de taux de défaut pour l’industrie canadienne2013-03-07Econometric and statistical methodsFinancial institutionsFinancial stabilityDiscussion Paper 2013-02https://www.bankofcanada.ca/wp-content/uploads/2013/03/dp2013-02.pdfMéthodologie de construction de séries de taux de défaut pour l’industrie canadienneRamdane DjoudadÉtienne BordeleauMarch 2013CC1C13C18GG2G21G3G33A Framework to Assess Vulnerabilities Arising from Household Indebtedness Using Microdata
https://www.bankofcanada.ca/2012/02/discussion-paper-2012-3/
Rising levels of household indebtedness have created concerns about the vulnerabilities of households to adverse economic shocks and the impact on financial stability. To assess these risks, the author presents a formal stress-testing framework that uses microdata to simulate how various economic shocks affect the distribution of the debt-service ratio (DSR) for the household sector.2012-02-28T14:14:33+00:00enA Framework to Assess Vulnerabilities Arising from Household Indebtedness Using Microdata2012-02-28Econometric and statistical methodsFinancial stabilityDiscussion Paper 2012-03https://www.bankofcanada.ca/wp-content/uploads/2012/02/dp2012-03.pdfA Framework to Assess Vulnerabilities Arising from Household Indebtedness Using MicrodataRamdane DjoudadFebruary 2012CC1C15C3C31DD1D14EE5E51The Bank of Canada’s Analytic Framework for Assessing the Vulnerability of the Household Sector
https://www.bankofcanada.ca/wp-content/uploads/2011/12/fsr-0610-djoudad.pdf
2010-06-20T11:06:55+00:00enThe Bank of Canada’s Analytic Framework for Assessing the Vulnerability of the Household Sector2010-06-20Simulations du ratio du service de la dette des consommateurs en utilisant des données micro
https://www.bankofcanada.ca/2009/06/working-paper-2009-18/
The author constructs a formal analytic framework to simulate the impact of various economic shocks on the household debt-service ratio, using data from the Canadian Financial Monitor (CFM) survey.2009-06-03T15:36:11+00:00frSimulations du ratio du service de la dette des consommateurs en utilisant des données micro2009-06-03Econometric and statistical methodsFinancial stabilityWorking paper 2009-18https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp09-18.pdfSimulations du ratio du service de la dette des consommateurs en utilisant des données microRamdane DjoudadJune 2009CC1C15C3C31DD1D14EE5E51A Tool for Assessing Financial Vulnerabilities in the Household Sector
https://www.bankofcanada.ca/wp-content/uploads/2010/06/djoudad.pdf
In this article, the authors build on the framework used in the Bank of Canada's Financial System Review to assess the evolution of household indebtedness and financial vulnerabilities in response to changing economic conditions. To achieve this, they first compare two microdata sets generated by Ipsos Reid's Canadian Financial Monitor and Statistics Canada's Survey of Financial Security. They find that the surveys are broadly comparable, despite methodological differences. This enables them to use the combined information content for the identification of the threshold value of the debt-service ratio (DSR). The article then presents an innovative framework that uses household-level microdata to simulate changes in the distribution of the DSR under various stress scenarios. The authors show how this framework can be used by analyzing the effects of two different scenarios on the distribution of the debt-service ratio and the impact on vulnerable households. This tool will enable researchers to refine their analyses of current risks to the financial health of Canadian households. The article concludes with comments on future directions for refining the Bank's analyses of household sector risk.2008-06-17T13:00:29+00:00enA Tool for Assessing Financial Vulnerabilities in the Household Sector2008-06-17Regime Shifts in the Indicator Properties of Narrow Money in Canada
https://www.bankofcanada.ca/2006/03/working-paper-2006-6/
Financial innovations and the removal of the reserve requirements in the early 1990s have made the distinction between demand and notice deposits arbitrary.2006-03-04T12:38:50+00:00enRegime Shifts in the Indicator Properties of Narrow Money in Canada2006-03-04Monetary aggregatesWorking Paper 2006-6 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp06-6.pdfRegime Shifts in the Indicator Properties of Narrow Money in CanadaTracy ChanRamdane DjoudadJackson LoiMarch 2006EE4E40E42E5E50Does Financial Structure Matter for the Information Content of Financial Indicators?
https://www.bankofcanada.ca/2005/11/working-paper-2005-33/
Of particular concern to monetary policy-makers is the considerable unreliability of financial variables for predicting GDP growth and inflation.2005-11-01T13:17:22+00:00enDoes Financial Structure Matter for the Information Content of Financial Indicators?2005-11-01Business fluctuations and cyclesCredit and credit aggregatesInflation and pricesInterest ratesMonetary aggregatesWorking Paper 2005-33 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp05-33.pdfDoes Financial Structure Matter for the Information Content of Financial Indicators?Ramdane DjoudadJack SelodyCarolyn A. WilkinsNovember 2005EE3E31E32Changes in the Indicator Properties of Narrow Monetary Aggregates
https://www.bankofcanada.ca/wp-content/uploads/2010/06/djoudad1.pdf
Although many countries have abandoned monetary targeting in recent decades, monetary aggregates are still useful indicators of future economic activity. Past research has shown that, compared with other monetary aggregates and expressed in real terms, net M1 and gross M1 have traditionally provided superior leading information for output growth.2005-06-25T10:36:30+00:00enChanges in the Indicator Properties of Narrow Monetary Aggregates2005-06-25A Small Dynamic Hybrid Model for the Euro Area
https://www.bankofcanada.ca/2003/07/working-paper-2003-19/
The authors estimate and solve a small structural model for the euro area over the 1983–2000 period. Given the assumption of rational expectations, the model implies a set of orthogonality conditions that provide the basis for estimating the model's parameter by generalized method of moments.2003-07-01T15:42:46+00:00enA Small Dynamic Hybrid Model for the Euro Area2003-07-01Monetary policy transmissionWorking Paper 2003-19 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp03-19.pdfA Small Dynamic Hybrid Model for the Euro AreaRamdane DjoudadCéline GauthierJuly 2003EE3E31Quelques résultats empiriques relatifs à l'évolution du taux de change Canada/États-Unis
https://www.bankofcanada.ca/2000/02/working-paper-2000-4/
This paper explores the extent to which factors other than commodity and energy prices may have contributed to the Canadian dollar's depreciation since the early 1970s. The variables considered include among others budgetary conditions and productivity.2000-02-07T12:46:52+00:00frQuelques résultats empiriques relatifs à l'évolution du taux de change Canada/États-Unis2000-02-07Exchange ratesWorking Paper 2000-4https://www.bankofcanada.ca/wp-content/uploads/2010/01/wp00-4.pdfQuelques résultats empiriques relatifs à l'évolution du taux de change Canada/États-UnisRamdane DjoudadDavid TessierFebruary 2000FF3F31