Posts

• February 6, 2023

  Market Participants Survey

  The Market Participants Survey (MPS) is conducted quarterly and engages a diverse set of participants in financial markets and gathers their views on key macroeconomic and financial variables as well as monetary policy.
• February 6, 2023

  Market Participants Survey—Fourth Quarter of 2022

  The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

  Content Type(s): Publications, Market Participants Survey
• February 6, 2023

  University of Alberta crowned National Champion of The Governor’s Challenge

  The Bank of Canada is pleased to announce the University of Alberta has won the eighth annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Announcements Source(s): The Governor's Challenge
• January 31, 2023

  2022 Annual Retrospective Newsletter

  Starting this year, we will be using the January issue of our newsletter to look back at our research activities over the past year and to celebrate the achievements of our colleagues.

  Content Type(s): Staff research, Research newsletters

• Introducing the Bank of Canada’s Market Participants Survey

  Staff Analytical Note 2023-1 Annick Demers, Tamara Gomes, Stephane Gignac

  The Market Participants Survey (MPS) gathers financial market participants’ expectations for key macroeconomic and financial variables and for monetary policy. This staff analytical note describes the MPS’s objectives and main features, its process and design, and how Bank of Canada staff use the results.

  Content Type(s): Staff research, Staff analytical notes Research Topic(s): Financial markets, Monetary policy and uncertainty, Recent economic and financial developments JEL Code(s): C, C8, C83, E, E4, E44, E5, E52, E58, G, G1, G12, G14
• January 30, 2023

  Market Participants Survey—Questionnaire

  In each survey cycle, respondents are asked to complete a standardized questionnaire. Bank staff then conduct follow-up interviews with a subgroup of respondents.

• Fiscal Stimulus and Skill Accumulation over the Life Cycle

  Staff Working Paper 2023-9 Laure Simon

  Using micro data from the U.S. Consumer Expenditure Survey and Current Population Survey, I document that government spending shocks affect individuals differently over the life cycle.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Business fluctuations and cycles, Fiscal policy, Productivity JEL Code(s): D, D1, D12, D15, E, E2, E21, E6, E62, J, J1, J11, J2, J24

• Climate Variability and International Trade

  Staff Working Paper 2023-8 Geoffrey R. Dunbar, Walter Steingress, Ben Tomlin

  This paper quantifies the impact of hurricanes on seaborne international trade to the United States. Matching the timing of hurricane–trade route intersections with monthly U.S. port-level trade data, we isolate the unanticipated effects of a hurricane hitting a trade route using two separate identification schemes: an event study and a local projection.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Climate change, International topics JEL Code(s): C, C2, C22, C5, F, F1, F14, F18, Q, Q5, Q54

• Stress Relief? Funding Structures and Resilience to the Covid Shock

  Staff Working Paper 2023-7 Kristin Forbes, Christian Friedrich, Dennis Reinhardt

  Funding structures affected the amount of financial stress different countries and sectors experienced during the spread of COVID-19 in early 2020. Policy responses targeting specific vulnerabilities were more effective at mitigating this stress than those supporting banks or the economy more broadly.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Coronavirus disease (COVID-19), Exchange rates, Financial institutions, Financial stability, Financial system regulation and policies, International topics JEL Code(s): E, E4, E44, E6, E65, F, F3, F31, F36, F4, F42, G, G1, G18, G2, G23, G3, G38
• January 30, 2023

  CARR Meeting (January 30, 2023)

  Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group