Liquidity of the Government of Canada Securities Market: Stylized Facts and Some Market Microstructure Comparisons to the United States Treasury Market Staff Working Paper 1999-11 Toni Gravelle The aims of this study are to examine how liquidity in the Government of Canada securities market has evolved over the 1990s and to determine what factors influence the level of liquidity in this market, with some comparisons to the U.S. Treasury securities market. We find empirical support for the hypothesis that an increase in […] Content Type(s): Staff research, Staff working papers Topic(s): Financial markets JEL Code(s): D, D4, G, G1, G2
The Financial Services Sector: Past Changes and Future Prospects Technical Report No. 82 Charles Freedman, Clyde Goodlet The financial services industry has been undergoing significant change in recent years. This paper analyzes some key developments affecting the industry and examines some important issues facing the industry and its regulators. Content Type(s): Staff research, Technical reports Topic(s): Financial services JEL Code(s): G, G2
The Canadian Banking System Technical Report No. 81 Charles Freedman This paper examines the major changes in the Canadian banking system since the Second World War, with special attention paid to the differences between Canadian and U.S. developments over this period. Content Type(s): Staff research, Technical reports Topic(s): Financial institutions JEL Code(s): G, G2
The Electronic Purse: An Overview of Recent Developments and Policy Issues Technical Report No. 74 Gerald Stuber Futurists have been speculating about the prospects for a cashless society for many years, and such predictions became more frequent following the introduction of "smart" cards - cards containing a computer chip - in the mid-1970s. Content Type(s): Staff research, Technical reports Topic(s): Digital currencies and fintech, Financial institutions, Payment clearing and settlement systems, Recent economic and financial developments JEL Code(s): E, E4, E41, G, G2, G20
Regulation of Financial Institutions: A Functional Analysis Technical Report No. 45 John Chant This study has three main objectives: First, to examine the reasons for the existence of financial institutions that simultaneously lend to one group and borrow from another; second, to analyze the reasons for the special treatment of these institutions in terms of the regulation that governs their activities; and third, to assess the types of […] Content Type(s): Staff research, Technical reports Topic(s): Financial institutions JEL Code(s): G, G2, G28