1.
We study the importance of supply constraints in explaining the heterogeneity in house price cycles across geographies in the United States. Comparing the equilibrium hou[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
2.
The Bank of Canada conducted a Wage Setting Survey with a sample of 200 private sector firms from mid-October 2007 to May 2008. Results indicate that wage adjustments for[...]
2013 | Text | Staff Discussion Paper - Document d’analyse du personnel |
3.
Les taux de défaut sont des séries couramment utilisées dans les simulations de crise. Au Canada comme dans beaucoup d’autres pays, on ne dispose pas de séries rétrospect[...]
2013 | Texte | Staff Discussion Paper - Document d’analyse du personnel |
4.
The Latin American debt crises in the 1980s and the Asian crisis in the late 1990s both provided impetus for reforming the framework for restructuring sovereign debt. In [...]
2013 | Text | Staff Discussion Paper - Document d’analyse du personnel |
5.
The financial systems of some countries fared materially better than others during the global financial crisis of 2007-09. The performance of the Canadian banking system [...]
2013 | Text | Staff Discussion Paper - Document d’analyse du personnel |
6.
We study the cyclical properties of sales, regular price changes and average prices paid by consumers (“effective” prices) using data on prices and quantities sold for nu[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
7.
This paper examines the relationship between house prices and consumption, through the use of debt. Using unique Canadian household-level data that reports the uses of de[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
8.
Many studies in macroeconomics argue that financial frictions do not amplify the impacts of real shocks. This finding is based on models without endogenous default on loa[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
9.
This paper presents a general equilibrium model with endogenous collateral constraints to study the relationship between financial development and business cycle fluctuat[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
10.
We examine the extent to which vertical and horizontal market structure can together explain incomplete retail pass-through. To answer this question, we use scanner data [...]
2013 | Text | Staff Working Paper - Document de travail du personnel |