Darcey McVanel - Latest

• Unmet Payment Needs and a Central Bank Digital Currency

  Staff Discussion Paper 2023-15 Christopher Henry, Walter Engert, Alexandra Sutton-Lalani, Sebastian Hernandez, Darcey McVanel, Kim Huynh

  We discuss the payment habits of Canadians both in the current payment environment and in a hypothetical cashless environment.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Bank notes, Central bank research, Digital currencies and fintech, Financial services JEL Code(s): C, C1, C12, C9, E, E4, O, O5, O54
• December 6, 2012

  The Canadian Approach to Central Clearing for Over-the-Counter Derivatives

  Financial System Review - December 2012 Nikil Chande, Jean-Philippe Dion, Darcey McVanel, Joshua Slive

  Content Type(s): Publications, Financial System Review articles
• December 6, 2012

  The Bank of Canada’s Approach to Adopting the Principles for Financial Market Infrastructures

  Financial System Review - December 2012 Darcey McVanel, Joey Murray

  Content Type(s): Publications, Financial System Review articles

• Price Movements in the Canadian Residential Mortgage Market

  Staff Working Paper 2009-13 Jason Allen, Darcey McVanel

  The authors empirically analyze the price-setting behaviour of the major Canadian banks in the residential mortgage market over the period 1991–2007. They use weekly posted prices of the major mortgage providers to study the degree of competition in mortgage price setting.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Financial services JEL Code(s): D, D4, G, G2

• Financial Constraints and the Cash-Holding Behaviour of Canadian Firms

  Staff Discussion Paper 2008-16 Darcey McVanel, Nikita Perevalov

  The proportion of assets held by the average Canadian firm in the form of cash has increased steadily since the early 1990s, and is now roughly twice as large as in 1990. The literature has established that the cash-holding behaviour of firms is highly correlated with financial constraints and firm characteristics.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Sectoral balance sheet JEL Code(s): G, G1, G11, G3, G32
• June 21, 2006

  The Impact of Unanticipated Defaults in Canada’s Large Value Transfer System

  Financial System Review - June 2006 Darcey McVanel

  Content Type(s): Publications, Financial System Review articles
• March 1, 2006

  A Primer on Canada’s Large Value Transfer System

  Darcey McVanel, Neville Arjani

  This paper provides a comprehensive overview of Canada’s Large Value Transfer System (LVTS).

  Content Type(s): Background materials Topic(s): Payment clearing and settlement systems

• The Impact of Unanticipated Defaults in Canada's Large Value Transfer System

  Staff Working Paper 2005-25 Darcey McVanel

  Canada's Large Value Transfer System (LVTS) is designed to meet international risk-proofing standards at a minimum cost to participants in terms of collateral requirements.

  Content Type(s): Staff research, Staff working papers Topic(s): Financial institutions, Payment clearing and settlement systems JEL Code(s): E, E4, E44, E47, G, G2, G21
• June 23, 2003

  CDSX: Canada’s New Clearing and Settlement System for Securities

  Financial System Review - June 2003 Darcey McVanel

  Content Type(s): Publications, Financial System Review articles