Toni Gravelle - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T08:54:45+00:00Reviewing Canada’s Monetary Policy Implementation System: Does the Evolving Environment Support Maintaining a Floor System?
https://www.bankofcanada.ca/2023/05/staff-discussion-paper-2023-10/
At the onset of the pandemic, the Bank of Canada transitioned its framework for monetary policy implementation from a corridor system to a floor system, which it has since decided to maintain. We provide a comprehensive analysis of both frameworks and assess their relative merits based on five key criteria that define a sound framework.2023-05-15T11:57:08+00:00enReviewing Canada’s Monetary Policy Implementation System: Does the Evolving Environment Support Maintaining a Floor System?2023-05-15Market structure and pricingMonetary policy implementationPayment clearing and settlement systemsStaff Discussion Paper 2023-10https://www.bankofcanada.ca/wp-content/uploads/2023/05/sdp2023-10.pdfReviewing Canada’s Monetary Policy Implementation System: Does the Evolving Environment Support Maintaining a Floor System?Toni GravelleRon MorrowJonathan WitmerMay 2023DD4D47EE4E42E5E58What Matters in Determining Capital Surcharges for Systemically Important Financial Institutions?
https://www.bankofcanada.ca/2011/11/discussion-paper-2011-9/
One way of internalizing the externalities that each individual bank imposes on the rest of the financial system is to impose capital surcharges on them in line with their systemic importance.2011-11-17T10:29:55+00:00enWhat Matters in Determining Capital Surcharges for Systemically Important Financial Institutions?2011-11-17Financial system regulation and policiesDiscussion Paper 2011 -9https://www.bankofcanada.ca/wp-content/uploads/2011/11/dp2011-09.pdfWhat Matters in Determining Capital Surcharges for Systemically Important Financial Institutions?Céline GauthierToni GravelleXuezhi LiuMoez SouissiNovember 2011CC1C15C8C81EE4E44GG0G01G2G21Has the Inclusion of Forward-Looking Statements in Monetary Policy Communications Made the Bank of Canada More Transparent?
https://www.bankofcanada.ca/2010/11/discussion-paper-2010-15/
To investigate the extent to which the transparency of the Bank of Canada's monetary policy has improved, the authors examine empirically – over the period 30 October 2000 to 31 May 2007 – the reaction of Canadian financial markets to official Bank communications, and in particular their reaction to the recent inclusion of forward-looking policy-rate guidance in these communications.2010-11-08T15:03:54+00:00enHas the Inclusion of Forward-Looking Statements in Monetary Policy Communications Made the Bank of Canada More Transparent?2010-11-08Central bank researchInterest ratesMonetary policy communicationsMonetary policy transmissionDiscussion Paper 2010-15https://www.bankofcanada.ca/wp-content/uploads/2010/11/dp10-15.pdfHas the Inclusion of Forward-Looking Statements in Monetary Policy Communications Made the Bank of Canada More Transparent?Christine FayToni GravelleNovember 2010EE5E52E58The Implementation of Monetary Policy in Canada
https://www.bankofcanada.ca/2008/07/discussion-paper-2008-9/
The authors present a detailed discussion of the Bank of Canada's framework for the implementation of monetary policy. As background, they provide a brief overview of the financial system in Canada, including a discussion of the financial services industry and the money market.2008-07-21T14:43:57+00:00enThe Implementation of Monetary Policy in Canada2008-07-21Financial institutionsFinancial marketsMonetary policy implementationPayment clearing and settlement systemsDiscussion Paper 2008-9https://www.bankofcanada.ca/wp-content/uploads/2010/01/dp08-9.pdfThe Implementation of Monetary Policy in CanadaWalter EngertToni GravelleDonna HowardJuly 2008EE5E52E58GG2G21