Mark Illing

External Author

Show all

Staff Working Papers

Computing the Accuracy of Complex Non-Random Sampling Methods: The Case of the Bank of Canada's Business Outlook Survey

Staff Working Paper 2009-10 Daniel de Munnik, David Dupuis, Mark Illing
A number of central banks publish their own business conditions survey based on non-random sampling methods. The results of these surveys influence monetary policy decisions and thus affect expectations in financial markets. To date, however, no one has computed the statistical accuracy of these surveys because their respective non-random sampling method renders this assessment non-trivial.

The New Basel Capital Accord and the Cyclical Behaviour of Bank Capital

Staff Working Paper 2004-30 Mark Illing, Graydon Paulin
The authors conduct a counterfactual simulation of the proposed rules under the new Basel Capital Accord (Basel II), including the revised treatment of expected and unexpected credit losses proposed by the Basel Committee in October 2003.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Financial Institutions JEL Code(s): G, G2, G21, G28, K, K2, K23

An Index of Financial Stress for Canada

Staff Working Paper 2003-14 Mark Illing, Ying Liu
The authors develop an index of financial stress for the Canadian financial system. Stress is defined as the force exerted on economic agents by uncertainty and changing expectations of loss in financial markets and institutions.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Financial Institutions, Financial markets JEL Code(s): E, E5, G, G1, G10