Parallel Tempering for DSGE Estimation Staff Working Paper 2024-13 Joshua Brault I develop a population-based Markov chain Monte Carlo algorithm known as parallel tempering to estimate dynamic stochastic general equilibrium models. Parallel tempering approximates the posterior distribution of interest using a family of Markov chains with tempered posteriors. Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Economic models JEL Code(s): C, C1, C11, C15, E, E1, E10
May 10, 2024 Release: Senior Loan Officer Survey 10:30 (ET)The Senior Loan Officer Survey collects information on the business-lending practices of Canadian financial institutions. Content Type(s): Upcoming events
May 9, 2024 Bank of Canada Media Interview – La Presse Tiff Macklem, Governor of the Bank of Canada, gave an interview to La Presse’s Hélène Baril. Content Type(s): Press, Media advisories
May 9, 2024 Bank of Canada Media Interview – Financial Post Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, gave an interview to Barbara Shecter of the Financial Post. Content Type(s): Press, Media advisories
May 9, 2024 Framework for assessing financial stability Bank staff conduct analysis and research to identify and mitigate systemic risks that might impair the functioning of the financial system. The results are published once a year in the Financial Stability Report.
May 9, 2024 Release of the Financial Stability Report Opening statement Tiff Macklem, Carolyn Rogers Ottawa, Ontario Press conference following the release of the Financial Stability Report. Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Asset pricing, Credit risk management, Financial institutions, Financial markets, Financial services, Financial stability, Financial system regulation and policies, Housing, Interest rates, Recent economic and financial developments
May 9, 2024 The Bank of Canada releases the 2024 Financial Stability Report The Financial Stability Report will be released on Thursday, May 9, 2024. Content Type(s): Press, Media advisories
May 9, 2024 Financial System Survey highlights—2024 This article presents the key results from the 2024 Bank of Canada Financial System Survey, conducted between February 20 and March 8. The survey included a special section on potential risks arising from different hypothetical interest-rate paths. Content Type(s): Publications, Financial System Survey