1.
Purpose: This paper aims to present four blue-sky ideas for lowering the cost of the Government of Canada’s debt without increasing the debt’s risk profile.
Design/me[...]
2020 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
2.
Central banks have used asset purchase programs to keep markets operational in times of crisis. We model how central bank asset purchases alleviate dealers' balance-sheet[...]
2024 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
3.
In August 2012, the New York Stock Exchange launched the Retail Liquidity Program (RLP), a new trading facility that enables participating organizations to quote dark lim[...]
2018 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |
4.
In 2015, a Canadian stock exchange, TSX Alpha Exchange, implemented a speed bump for marketable orders and an inverted fee structure as part of a redesign. We find eviden[...]
2022 | Journal Article | Peer-Reviewed Publications - Publications à comité de lecture |