|
1.
|
This paper empirically assesses the effectiveness of the Bank of Canada's term Purchase and Resale Agreement (PRA) facility in reducing short-term bank funding pressures,[...]
2010 | Text | Staff Working Paper - Document de travail du personnel |
|
|
2.
|
This paper calculates an implied cost of equity for 19 developed countries from 1991 to 2006. During this period, there has been a decline in the cost of equity of about [...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
|
|
3.
|
Recent reform proposals call for an elimination of the constant net asset value (NAV) or “buck” in money market mutual funds to reduce the occurrence of runs. Outside the[...]
2012 | Text | Staff Working Paper - Document de travail du personnel |
|
|
4.
|
This paper estimates the implied cost of equity for Canadian and U.S. firms using a methodology based on the dividend discount model and utilizing firms' current stock pr[...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
|
|
5.
|
This paper examines Canadian and other foreign firms that have been involuntarily delisted from major U.S. exchanges. I find that, for most countries, less than 10% of fi[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
|
|
6.
|
An international initiative to increase the use of central clearing for OTC derivatives emerged as one of the reactions to the 2008 financial crisis. The move to central [...]
2012 | Text | Staff Working Paper - Document de travail du personnel |
|
|
7.
|
The literature on market timing of long-term debt issuance yields mixed evidence that managers can successfully time their debt-maturity issuance. The early results that [...]
2009 | Text | Staff Discussion Paper - Document d’analyse du personnel |
|
|
8.
|
Do short sales restrictions have an impact on security prices? We address this question in the context of a natural experiment surrounding the short sale ban of 2008 usin[...]
2009 | Text | Staff Working Paper - Document de travail du personnel |
|
