This book covers the latest advances in the theory and practice of public investment management. It includes the most up-to-date developments in the implementation of pub[...]

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[...]

Central banks use open market operations (OMOs) to adjust the liquidity available to the financial system to maintain the short-term borrowing rate within the desired tar[...]

This paper documents stylized facts about the life cycle of trading activity and trading cost (i.e., market liquidity) of Government of Canada (GoC) bonds. Using a unique[...]

The data and programs replicate tables and figures from "The life cycle of trading activity and liquidity of Government of Canada bonds: Evidence from cash, repo and secu[...]

We find that collateral reallocation costs are a significant driver of the dynamics of overnight interbank loans. The cost of negotiating and settling collateralized over[...]