About the FSRC
The FSRC will advance high-quality financial system research in Canada to inform policy and improve the economic and financial well-being of Canadians. The Centre showcases the Bank’s latest financial system research and analysis, helping us to build partnerships with researchers outside the Bank. We will also host an annual conference highlighting financial system research from Canada and around the world, including our own research and the results of our joint research ventures.
Our goal is to advance the understanding of the structure, function and evolution of the Canadian financial system. This is essential to the core functions of the Bank. Our in-depth research helps identify risks and shapes policy by addressing issues in financial markets, banking, payments systems and other matters in the financial system.
Explaining the Interplay Between Merchant Acceptance and Consumer Adoption in Two-Sided Markets for Payment MethodsWhile consumers and merchants have access to a growing number of payment methods, the use of cash for point-of-sale (POS) transactions has decreased. Our paper studies the interaction between consumers and merchants to explain observed trends in the usage of cash and other payment methods at the POS.
Flight from Safety: How a Change to the Deposit Insurance Limit Affects Households’ Portfolio AllocationA more generous deposit insurance policy could lead to an outflow of deposits from the banking sector. We offer a theoretical rationale for this surprising outcome and provide supporting empirical evidence using the 2005 limit increase for deposit insurance in Canada.
We regularly bring together researchers from academic and policy institutions at conferences that discuss financial system relevant topics such as banking regulation, housing markets, retail payments, and the next generation of central bank models.
We value research partnerships and offer opportunities for experienced and promising researchers in a variety of fields.