Jelena Zivanovic

Senior Economist

Jelena Zivanovic is Senior Economist in the Canadian Economic Analysis (CEA) department. Her research interests include macroeconomics, monetary economics, macro-finance and applied econometrics. Prior to joining the Bank, Jelena worked as Research Assistant at Humboldt University. She holds a Ph.D. in Economics from Humboldt University.

Contact

Senior Economist
Canadian Economic Analysis
Model Development

Bank of Canada
234 Wellington Street
Ottawa, ON, K1A 0G9

Latest

What Does Structural Analysis of the External Finance Premium Say About Financial Frictions?

Staff Working Paper 2019-38 Jelena Zivanovic
I use a structural vector autoregression (SVAR) with sign restrictions to provide conditional evidence on the behavior of the US external finance premium (EFP). The results indicate that the excess bond premium, a proxy for the EFP, reacts countercyclically to supply and monetary policy shocks and procyclically to demand shocks.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Economic models, Financial markets, Recent economic and financial developments JEL Code(s): E, E3, E32, E4, E44

Corporate Debt Composition and Business Cycles

Staff Working Paper 2019-5 Jelena Zivanovic
Based on empirical evidence, I propose a dynamic stochastic general equilibrium model with two financial sectors to analyze the role of corporate debt composition (bank versus bond financing) in the transmission of economic shocks.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Business fluctuations and cycles, Financial Institutions, Financial markets, Recent economic and financial developments JEL Code(s): E, E3, E32, E4, E44

See More

Archives

Bank Publications

Education

  • Humboldt University, Ph.D., Economics, 2017
  • Humboldt University, MSc., Economics, 2010

Research Fields

RePEc

Jelena Zivanovic

About

Affiliate Sites

Legal

Follow the Bank