Chris D'Souza - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T13:59:36+00:00Linking the chains
https://www.bankofcanada.ca/2023/06/linking-the-chains/
The things we buy come out of complex production chains that span the globe.2023-06-30T13:00:04+00:00enLinking the chains2023-06-30The Business Leaders’ Pulse—An Online Business Survey
https://www.bankofcanada.ca/2022/06/staff-discussion-paper-2022-14/
This paper introduces the Business Leaders’ Pulse, a new online survey conducted each month. It is designed to provide timely and flexible input into the Bank of Canada’s monetary policy decision making by asking firms about their sales and employment growth expectations, the risks to their business outlook, and topical questions that address specific information needs of the Bank.2022-06-30T14:29:35+00:00enThe Business Leaders’ Pulse—An Online Business Survey2022-06-30Monetary policy and uncertaintyRecent economic and financial developmentsStaff Discussion Paper 2022-14https://www.bankofcanada.ca/wp-content/uploads/2022/06/sdp2022-14.pdfStaff Discussion Paper 2022-14Tony ChernisChris D'SouzaKevin MacLeanTasha ReaderJoshua SliveFarrukh SuvankulovJune 2022CC8C83DD2D22EE3E32Small and smaller: How the economic outlook of small firms relates to size
https://www.bankofcanada.ca/2021/07/staff-analytical-note-2021-14/
Firms with fewer than 100 workers employ about 65 percent of the total labour force in Canada. An online survey experiment was conducted with firms of this size in Canada in 2018–19. We compare the responses of small and micro firms to explore how their characteristics and economic outlooks relate to their size.2021-07-05T13:59:28+00:00enSmall and smaller: How the economic outlook of small firms relates to size2021-07-05Qualitative Field Research in Monetary Policy Making
https://www.bankofcanada.ca/2021/01/staff-discussion-paper-2021-1/
Central banks conduct research involving in-depth interviews with external parties—but little is known about how this information affects monetary policy. We address this gap by analyzing open-ended interviews with senior central bank economic and policy staff who work closely with policy decision-makers.2021-01-21T13:20:36+00:00enQualitative Field Research in Monetary Policy Making2021-01-21Business fluctuations and cyclesMonetary policyMonetary policy and uncertaintyStaff Discussion Paper 2021-1https://www.bankofcanada.ca/wp-content/uploads/2021/01/sdp2021-1.pdfStaff Discussion Paper 2021-1Chris D'SouzaJane VollJanuary 2021CC8C83EE3E37E5E52The Canadian corporate investment gap
https://www.bankofcanada.ca/2020/09/staff-analytical-note-2020-19/
Business investment has been lower than expected in Canada and abroad since the financial crisis of 2007–09. This corporate investment gap is mirrored in firms’ other financing decisions, as they have increased cash holdings and dividend payments and decreased issuance of debt and equity.2020-09-11T09:59:23+00:00enThe Canadian corporate investment gap2020-09-11What Is Restraining Non-Energy Export Growth?
https://www.bankofcanada.ca/2018/08/staff-analytical-note-2018-25/
This note summarizes the key findings from Bank of Canada staff analytical work examining the reasons for the recent weakness in Canadian non-energy exports. Canada steadily lost market share in US non-energy imports between 2002 and 2017, mostly reflecting continued and broad-based competitiveness losses.2018-08-27T09:08:51+00:00enWhat Is Restraining Non-Energy Export Growth?2018-08-27The Digital Economy
https://www.bankofcanada.ca/wp-content/uploads/2017/05/boc-review-spring17-dsouza.pdf
Digital technologies—cloud computing, the Internet of Things, advanced robotics, big data analytics, artificial intelligence and machine learning, social media, 3D printing, augmented reality, virtual reality, e-money and distributed ledgers—are transforming the way busi-nesses operate. How does this transformation compare with past industrial revolutions? How are digital technologies changing production systems across industries? Agile firms that use knowledge intensively and have high levels of both organizational and human capital appear set to realize the greatest benefits from digitalization. Finally, what are the implications for productivity, labour markets, inflation and monetary policy as we transition to the digital economy?2017-05-11T10:30:31+00:00enThe Digital Economy2017-05-11Funding Advantage and Market Discipline in the Canadian Banking Sector
https://www.bankofcanada.ca/2013/12/working-paper-2013-50/
We employ a comprehensive data set and a variety of methods to provide evidence on the magnitude of large banks’ funding advantage in Canada, and on the extent to which market discipline exists across different securities issued by the Canadian banks.2013-12-23T07:44:08+00:00enFunding Advantage and Market Discipline in the Canadian Banking Sector2013-12-23Financial institutionsInterest ratesWorking Paper 2013-50https://www.bankofcanada.ca/wp-content/uploads/2013/12/wp2013-50.pdfFunding Advantage and Market Discipline in the Canadian Banking SectorMehdi BeyhaghiChris D'SouzaGordon S. RobertsDecember 2013GG0G01G2G21G28G3G32G33Contingent Capital and Bail-In Debt: Tools for Bank Resolution
https://www.bankofcanada.ca/wp-content/uploads/2011/12/fsr-1210-dsouza.pdf
2010-12-09T11:10:50+00:00enContingent Capital and Bail-In Debt: Tools for Bank Resolution2010-12-09Collateral Management in the LVTS by Canadian Financial Institutions
https://www.bankofcanada.ca/wp-content/uploads/2010/06/dsouza1.pdf
This article examines the incentives for banks to hold various assets on their balance sheets for use as collateral when the opportunity cost of doing so can be high. Focusing on the five-year period (2002-07) that preceded the financial crisis, it examines the choices made by financial institutions among the assets that are pledged as collateral in Canada's Large Value Transfer System. This serves as a baseline for collateral-management practices during relatively normal times. The results of this study are important for policy-makers, especially the Bank of Canada, which is concerned both about the efficient functioning of fixed-income markets and about the credit risk it ultimately bears in insuring LVTS settlement. The results suggest that relative market liquidity and market-making capacity are important factors in the choice of securities pledged as collateral in the LVTS.2009-06-11T12:34:54+00:00enCollateral Management in the LVTS by Canadian Financial Institutions2009-06-11