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August 18, 2011

Mortgage Debt and Procyclicality in the Housing Market

This article focuses on the role that loans backed by housing collateral play in amplifying housing booms and, more generally, procyclicality in the housing market. The author uses a model developed to include borrower and lender households, as well as a housing market, to examine the impact that altering the loan-to-value ratio (either permanently or countercyclically) might have on the volatility of house prices and mortgage debt.
October 8, 2010

Business Outlook Survey

A quarterly summary of interviews conducted by the Bank's regional offices with the senior management of about 100 firms.
November 12, 2002

Staying the Course

Remarks David Dodge a panel discussion at the Banco de México Mexico City, Mexico
The dramatic events of the last two years and growing concern about the near-term prospects for the global economy have created a climate in which policy-makers focus only on current economic developments and lose sight of longer-term goals.
March 11, 1999

Then and now: the change in views on the role of monetary policy since the Porter Commission

Lecture Gordon Thiessen C.D. Howe Institute Toronto, Ontario
Tony Hampson made a number of outstanding contributions to Canadian public life as well as having a successful business career. Many in this audience will be familiar with the fact that for a number of years he was Chairman of the C.D. Howe Institute's Policy Analysis Committee.
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