Staff Working Papers

From Bank of Canada
234 Wellington Street, Ottawa, Ontario, K1A 0G9, Canada.
Contact information at EDIRC.
Bibliographic data for series maintained by ().

Access Statistics for this working paper series.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

17-27: Firm Heterogeneity, Technological Adoption, and Urbanization: Theory and Measurement

Alex Chernoff

17-26: Quantitative Easing and Long-Term Yields in Small Open Economies

Antonio Diez de los Rios and Maral Shamloo

17-25: Monetary Policy Implementation in a Negative Rate Environment

Michael Boutros and Jonathan Witmer

17-24: Understanding Monetary Policy and its Effects: Evidence from Canadian Firms Using the Business Outlook Survey

Matthieu Verstraete and Lena Suchanek

17-23: Understanding the Cross-Country Effects of US Technology Shocks

Wataru Miyamoto and Thuy Lan Nguyen

17-22: Detecting Scapegoat Effects in the Relationship Between Exchange Rates and Macroeconomic Fundamentals

Lorenzo Pozzi and Barbara Sadaba

17-21: Should Central Banks Worry About Nonlinearities of their Large-Scale Macroeconomic Models?

Vadym Lepetyuk, Lilia Maliar and Serguei Maliar

17-20: Volatility Risk and Economic Welfare

Shaofeng Xu

17-19: Assessing the Predictive Ability of Sovereign Default Risk on Exchange Rate Returns

Claudia Foroni, Francesco Ravazzolo and Barbara Sadaba

17-18: The Welfare Effects of Protection: A General Equilibrium Analysis of Canada’s National Policy

Patrick Alexander and Ian Keay

17-17: Vertical Specialization and Gains from Trade

Patrick Alexander

17-16: Downward Nominal Wage Rigidity Meets the Zero Lower Bound

Robert Amano and Stefano Gnocchi

17-15: Constrained Efficiency with Adverse Selection and Directed Search

S. Mohammad R. Davoodalhosseini

17-14: Strategic Complementarities and Money Market Fund Liquidity Management

Jonathan Witmer

17-13: Markov-Switching Three-Pass Regression Filter

Pierre Guérin, Danilo Leiva-Leon and Massimiliano Marcellino

17-12: Accounting for Real Exchange Rates Using Micro-Data

Mario Crucini and Anthony Landry

17-11: Anticipated Technology Shocks: A Re-Evaluation Using Cointegrated Technologies

Joel Wagner

17-9: Expropriation Risk and FDI in Developing Countries: Does Return of Capital Dominate Return on Capital?

M. Akhtaruzzaman, Nathan Berg and Christopher Hajzler

17-8: Adoption Costs of Financial Innovation: Evidence from Italian ATM Cards

Kim Huynh, Philipp Schmidt-Dengler, Gregor Smith and Angelika Welte

17-7: Banking Regulation and Market Making

David Cimon and Corey Garriott

17-6: Optimal Capital Regulation

Stéphane Moyen and Josef Schroth

17-5: Canadian Bank Notes and Dominion Notes: Lessons for Digital Currencies

Ben Fung, Scott Hendry and Warren Weber

17-4: Stability and Efficiency in Decentralized Two-Sided Markets with Weak Preferences

Radoslav Raykov

17-3: Price-Level Dispersion versus Inflation-Rate Dispersion: Evidence from Three Countries

David Fielding, Christopher Hajzler and James (Jim) MacGee

17-2: A Dynamic Factor Model for Nowcasting Canadian GDP Growth

Tony Chernis and Rodrigo Sekkel

17-1: Terms-of-Trade and House Price Fluctuations: A Cross-Country Study

Paul Corrigan

16-61: What Fed Funds Futures Tell Us About Monetary Policy Uncertainty

Jean-Sebastien Fontaine

16-60: Non-Bank Investors and Loan Renegotiations

Teodora Paligorova and Joao Santos

16-59: Monetary Policy, Private Debt and Financial Stability Risks

Gregory Bauer and Eleonora Granziera

16-58: Equity Option-Implied Probability of Default and Equity Recovery Rate

Bo Young Chang and Greg Orosi

16-57: Options Decimalization

Faith Chin and Corey Garriott

16-56: Bank Screening Heterogeneity

Thibaut Duprey

16-55: Quantitative Easing in a Small Open Economy: An International Portfolio Balancing Approach

Serdar Kabaca

16-54: Producer Heterogeneity, Value-Added, and International Trade

Patrick Alexander

16-53: Capital Flows to Developing Countries: Is There an Allocation Puzzle?

Josef Schroth

16-52: Supervising Financial Regulators

Josef Schroth

16-51: Firm-Specific Shocks and Aggregate Fluctuations

Leonid Karasik, Danny Leung and Ben Tomlin

16-50: Broker Routing Decisions in Limit Order Markets

David Cimon

16-49: Monetary Policy Tradeoffs Between Financial Stability and Price Stability

Malik Shukayev and Alexander Ueberfeldt

16-48: Business Cycles in Small, Open Economies: Evidence from Panel Data Between 1900 and 2013

Wataru Miyamoto and Thuy Lan Nguyen

16-47: Managing Risk Taking with Interest Rate Policy and Macroprudential Regulations

Simona Cociuba, Malik Shukayev and Alexander Ueberfeldt

16-46: Fragility of Resale Markets for Securitized Assets and Policy of Asset Purchases

Martin Kuncl

16-45: Interpreting Volatility Shocks as Preference Shocks

Shaofeng Xu

16-44: Financial Constraint and Productivity: Evidence from Canadian SMEs

Shutao Cao and Danny Leung

16-43: On What States Do Prices Depend? Answers from Ecuador

Craig Benedict, Mario Crucini and Anthony Landry

16-42: On the Value of Virtual Currencies

Wilko Bolt and Maarten van Oordt

16-41: The Impact of Macroprudential Housing Finance Tools in Canada: 2005–10

Jason Allen, Timothy Grieder, Brian Peterson and Tom Roberts

16-40: Downward Nominal Wage Rigidity in Canada: Evidence from Micro- Level Data

Dany Brouillette, Olena Kostyshyna and Natalia Kyui

16-39: Are Counterparty Arrangements in Reinsurance a Threat to Financial Stability?

Matt Davison, Darrell Leadbetter, Bin Lu and Jane Voll

16-38: The Global Financial Cycle, Monetary Policies and Macroprudential Regulations in Small, Open Economies

Gregory Bauer, Gurnain Pasricha, Rodrigo Sekkel and Yaz Terajima