|
1.
|
This paper assesses the prospects of a 2021 time bomb in SME failures triggered by the generous support policies enacted during the 2020 COVID-19 crisis. Policies implem[...]
2021 | Dataset | Reproducibility Package - Ensemble de données pour la reproductibilité des résultats de recherche |
|
|
2.
|
We employ a comprehensive data set and a variety of methods to provide evidence on the magnitude of large banks’ funding advantage in Canada, and on the extent to which m[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
|
|
3.
|
We build a dynamic capital structure model to study the link between systematic risk exposure and debt maturity, as well as their joint impact on the term structure of cr[...]
2012 | Text | Staff Working Paper - Document de travail du personnel |
|
|
4.
|
The recent crisis has underlined the importance of sound bank liquidity management. In response, regulators are devising new liquidity standards with the aim of making th[...]
2010 | Text | Staff Working Paper - Document de travail du personnel |
|
|
5.
|
In this paper, we show that in a model where investors have heterogeneous preferences, the expected return of risky assets depends on the idiosyncratic coskewness beta, w[...]
2010 | Text | Staff Working Paper - Document de travail du personnel |
|
|
6.
|
A distinguishing feature of macro stress testing exercises is the use of macroeconomic models in scenario design and implementation. It is widely agreed that scenarios sh[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
|
|
7.
|
This paper analyzes endogenous fluctuations in total factor productivity (TFP) in a dynamic general equilibrium model with heterogeneous agents, and illustrates the inter[...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
|
|
8.
|
Stress testing, at its most general level, is an investigation of the performance of an entity under abnormal operating conditions. The authors focus on one set of entiti[...]
2006 | Text | Staff Working Paper - Document de travail du personnel |
|
|
9.
|
Two models of default risk are prominent in the financial literature: Merton's structural model and Altman's non-structural model. Merton's structural model has the benef[...]
2006 | Text | Staff Working Paper - Document de travail du personnel |
|
|
10.
|
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 |
|
