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Market Concentration and Uniform Pricing: Evidence from Bank Mergers

Staff working paper 2021-9 João Granja, Nuno Paixão
We show that US banks price deposits almost uniformly across their branches and that this pricing practice is more important than increases in local market concentration in explaining the deposit rate dynamics following bank mergers.
June 21, 2009

Financial System Review - June 2009

Financial System Review - June 2009

Policy-makers around the world met the intensification of the global financial crisis at the end of 2008 with a forceful response aimed at restoring confidence in the global financial system, promoting the flow of credit, and supporting economic activity.

FSR Highlights - June 2009

Erratum: Legends for Chart 13 on page 15 of the June 2009 issue should read: Argentina (right scale), Mexico (left scale). See revised chart.

November 12, 2020

Helping the economy after the COVID‑19 pandemic

Speech summary Carolyn A. Wilkins Munk School of Global Affairs and Public Policy Toronto, Ontario
The pandemic won’t last forever. Senior Deputy Governor Carolyn A. Wilkins talks about what the economy will need once we’re past the COVID-19 crisis.
November 2, 2011

Opening Statement before the Senate Standing Committee on National Finance

Opening statement Mark Carney Senate Standing Committee on National Finance Ottawa, Ontario
Good evening. Tiff and I are pleased to be here with you today to discuss retail price differentials between Canada and the United States. The mandate of the Bank of Canada is to enhance the well-being of Canadians by contributing to sustained economic growth. The single, most direct contribution that monetary policy can make to […]
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