Publications and Research
Research
Working papers: by year
2006
See also: Technical Reports
Working papers are published in the original language only, with an abstract in both official languages. Papers earlier than 1994 (not listed here) are available from Publications Distribution, Bank of Canada, 234 Wellington Street, Ottawa, Ontario K1A 0G9.
You can also view the working papers sorted by author.
2006-44
The Long-Term Effects of Cross-Listing, Investor Recognition, and Ownership Structure on Valuation
Michael R. King and Dan Segal
2006-43
Efficient Hedging and Pricing of Equity-Linked
Life Insurance Contracts on Several Risky Assets
Alexander Melnikov and Yuliya Romanyuk
2006-42
Linking Real Activity and Financial Markets:
The Bonds, Equity, and Money (BEAM) Model
Céline Gauthier and Fu Chun Li
2006-41
An Optimized Monetary Policy Rule for ToTEM
Jean-Philippe Cayen, Amy Corbett, and Patrick Perrier
2006-40
Education and Self-Employment: Changes in Earnings and Wealth Inequality
Yaz Terajima
2006-39
Short-Run and Long-Run Causality between
Monetary Policy Variables and Stock Prices
Jean-Marie Dufour and David Tessier
2006-38
Conditioning Information and Variance Bounds
on Pricing Kernels with Higher-Order Moments: Theory and Evidence
Fousseni Chabi-Yo
2006-37
Endogenous Borrowing Constraints and
Consumption Volatility in a Small Open Economy
Carlos de Resende
2006-36
Credit in a Tiered Payments System
Alexandra Lai, Nikil Chande, and Sean O'Connor
2006-35
Survey of Price-Setting Behaviour of
Canadian Companies
David Amirault, Carolyn Kwan, and Gordon Wilkinson
2006-34
The Macroeconomic Effects of Non-Zero
Trend Inflation
Robert Amano, Steve Ambler, and Nooman Rebei
2006-33
Are Canadian Banks Efficient?
A Canada–U.S. Comparison
Jason Allen, Walter Engert, and Ying Liu
2006-32
Governance and the IMF: Does the Fund Follow Corporate Best Practice?
Eric Santor
2006-31
Assessing and Valuing the Non-Linear
Structure of Hedge Fund Returns
Antonio Diez de los Rios and René Garcia
2006-30
Multinationals and Exchange Rate
Pass-Through
Alexandra Lai and Oana Secrieru
2006-29
The Turning Black Tide: Energy Prices and
the Canadian Dollar
Ramzi Issa, Robert Lafrance, and John Murray
2006-28
Estimation of the Default Risk of Publicly
Traded Canadian Companies
Georges Dionne, Sadok Laajimi, Sofiane Mejri, and Madalina Petrescu
2006-27
Can Affine Term Structure Models Help Us
Predict Exchange Rates?
Antonio Diez de los Rios
2006-26
Using Monthly Indicators to Predict
Quarterly GDP
Isabel Yi Zheng and James Rossiter
2006-25
Linear and Threshold Forecasts of
Output and Inflation with Stock and Housing Prices
Greg Tkacz and Carolyn Wilkins
2006-24
Are Average Growth Rate and Volatility Related?
Partha Chatterjee and Malik Shukayev
2006-23
Convergence in a Stochastic Dynamic Heckscher-Ohlin Model
Partha Chatterjee and Malik Shukayev
2006-22
Launching the NEUQ: The New European
Union Quarterly Model, A Small Model of the Euro Area and U.K. Economies
Anna Piretti and Charles St-Arnaud
2006-21
The International Monetary Fund's Balance-Sheet and Credit Risk
Ryan Felushko and Eric Santor
2006-20
Examining the Trade-Off between Settlement
Delay and Intraday Liquidity in Canada’s LVTS: A Simulation Approach
Neville Arjani
2006-19
Institutional Quality, Trade, and the
Changing Distribution of World Income
Brigitte Desroches and Michael Francis
2006-18
Working Time over the 20th Century
Alexander Ueberfeldt
2006-17
Risk-Cost Frontier and Collateral Valuation in Securities Settlement Systems for Extreme Market Events
Alejandro García and Ramazan Gençay
2006-16
Benchmark Index of Risk Appetite
Miroslav Misina
2006-15
LVTS, the Overnight Market, and Monetary Policy
Nadja Kamhi
2006-14
Forecasting Commodity Prices: GARCH,
Jumps, and Mean Reversion
Jean-Thomas Bernard, Lynda Khalaf, Maral Kichian, and Sebastien McMahon
2006-13
Guarding Against Large Policy Errors under Model Uncertainty
Gino Cateau
2006-12
The Welfare Implications of Inflation versus
Price-Level Targeting in a Two-Sector, Small Open Economy
Eva Ortega and Nooman Rebei
2006-11
The Federal Reserve's Dual Mandate: A Time-Varying Monetary Policy Priority Index for the United States
René Lalonde and Nicolas Parent
2006-10
An Evaluation of Core Inflation Measures
Jamie Armour
2006-9
Monetary Policy in an Estimated DSGE
Model with a Financial Accelerator
Ian Christensen and Ali Dib
2006-8
A Structural Error-Correction Model
of Best Prices and Depths in the Foreign Exchange Limit Order Market
Ingrid Lo and Stephen G. Sapp
2006-7
Ownership Concentration and Competition
in Banking Markets
Alexandra Lai and Raphael Solomon
2006-6
Regime Shifts in the Indicator Properties of Narrow Money in Canada
Tracy Chan, Ramdane Djoudad, and Jackson Loi
2006-5
Are Currency Crises Low-State Equilibria?
An Empirical, Three-Interest-Rate Model
Christopher M. Cornell and Raphael H. Solomon
2006-4
Forecasting Canadian Time Series with the New Keynesian Model
Ali Dib, Mohamed Gammoudi, and Kevin Moran
2006-3
Money and Credit Factors
Paul D. Gilbert and Erik Meijer
2006-2
Structural Change in Covariance and Exchange Rate Pass-Through: The Case of Canada
Lynda Khalaf and Maral Kichian
2006-1
The Institutional and Political Determinants of Fiscal Adjustment
Robert Lavigne