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.


Senior Economist
Canadian Economic Analysis
Model Development

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


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.

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

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