|
1.
|
Banks reliance on short-term funding has increased over time. While an effective source of financing in good times, the 2007 financial crisis has exposed the vulnerabilit[...]
2011 | Text | Staff Working Paper - Document de travail du personnel |
|
|
2.
|
We provide experimental evidence on coordination within large groups that could proxy the atomistic nature of real-world markets. We use a bank-run game where the two pur[...]
2023 | Dataset | Reproducibility Package - Ensemble de données pour la reproductibilité des résultats de recherche |
|
|
3.
|
Observed high-frequency prices are contaminated with liquidity costs or market microstructure noise. Using such data, we derive a new asset return variance estimator insp[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
|
|
4.
|
We conduct experiments with human subjects in a model with a positive production externality in which productivity is a non-decreasing function of the average level of em[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
|
|
5.
|
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 |
|
|
6.
|
In the Canadian large value payment system an important goal is to understand how liquidity is transferred through the system and hence how efficient the system is in set[...]
2010 | Text | Staff Working Paper - Document de travail du personnel |
|
|
7.
|
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 |
|
|
8.
|
We use a method similar to Google's PageRank procedure to rank banks in the Canadian Large Value Transfer System (LVTS). Along the way we obtain estimates of the payment [...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
|
|
9.
|
Freeman (1999) proposes a model in which discount window lending and open market operations have different effects. This is important because in most of the literature, t[...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
|
|
10.
|
Recent events, such as the East Asian, Mexican, Scandinavian, and Argentinian crises, have sparked considerable interest in exploring how shocks experienced by one countr[...]
2003 | Text | Staff Working Paper - Document de travail du personnel |
|
