E49 - Other - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T15:38:33+00:00Consumer Credit with Over-optimistic Borrowers
https://www.bankofcanada.ca/2020/12/staff-working-paper-2020-57/
When lenders cannot directly identify behavioural and rational borrowers, they use type scoring to track the likelihood of a borrower’s type. This leads to the partial pooling of borrowers, which results in rational borrowers subsidizing borrowing costs for behavioural borrowers. This, in turn, reduces the effectiveness of regulatory policies that target mistakes by behavioural borrowers.2020-12-30T08:51:56+00:00enConsumer Credit with Over-optimistic Borrowers2020-12-30Credit and credit aggregatesCredit risk managementFinancial system regulation and policiesStaff Analytical Note 2020-57https://www.bankofcanada.ca/wp-content/uploads/2020/12/swp2020-57.pdfStaff Analytical Note 2020-57Florian ExlerIgor LivshitsJames (Jim) C. MacGeeMichèle TertiltDecember 2020EE2E21E4E49GG1G18KK3K35Self-Enforcing Labour Contracts and the Dynamics Puzzle
https://www.bankofcanada.ca/2005/01/working-paper-2005-1/
To properly account for the dynamics of key macroeconomic variables, researchers incorporate various internal-propagation mechanisms in their models.2005-01-01T10:41:11+00:00enSelf-Enforcing Labour Contracts and the Dynamics Puzzle2005-01-01Business fluctuations and cyclesEconomic modelsLabour marketsWorking Paper 2005-1 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp05-1.pdfSelf-Enforcing Labour Contracts and the Dynamics PuzzleChristian CalmèsJanuary 2005EE1E12E4E49JJ3J30J31J4J41Poignée de main invisible et persistance des cycles économiques : une revue de la littérature
https://www.bankofcanada.ca/2003/12/working-paper-2003-40/
The author explains how self-enforcing labour contracts can enhance the performance of macroeconomic models. He exposes the benefits of using these dynamic contracts to account for some puzzling macroeconomic facts regarding the dynamics and persistence of employment, consumption and output.2003-12-04T14:47:41+00:00frPoignée de main invisible et persistance des cycles économiques : une revue de la littérature2003-12-04Business fluctuations and cyclesEconomic modelsWorking Paper 2003-40https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp03-40.pdfPoignée de main invisible et persistance des cycles économiques : une revue de la littératureChristian CalmèsDecember 2003EE1E12E4E49JJ3J30J31J4J41