Publications and Research

By year

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.

2005-45
An Evaluation of MLE in a Model of the Nonlinear Continuous-Time Short-Term Interest Rate
Ingrid Lo

2005-44
Forecasting Core Inflation in Canada: Should We Forecast the Aggregate or the Components?
Frédérick Demers and Annie De Champlain

2005-43
The 1975–78 Anti-Inflation Program in Retrospect
John Sargent

2005-42
Order Submission: The Choice between Limit and Market Orders
Ingrid Lo and Stephen G. Sapp

2005-41
Modelling and Forecasting Housing Investment: The Case of Canada
Frédérick Demers

2005-40
Subordinated Debt and Market Discipline in Canada
Greg Caldwell

2005-39
Measurement Bias in the Canadian Consumer Price Index
James Rossiter

2005-38
An Empirical Analysis of Foreign Exchange Reserves in Emerging Asia
Marc-André Gosselin and Nicolas Parent

2005-37
Quantity, Quality, and Relevance: Central Bank Research, 1990–2003
Pierre St-Amant, Greg Tkacz, Annie Guérard-Langlois, and Louis Morel

2005-36
The Canadian Macroeconomy and the Yield Curve: An Equilibrium-Based Approach
René Garcia and Richard Luger

2005-35
Testing the Parametric Specification of the Diffusion Function in a Diffusion Process
Fuchun Li

2005-34
The Exchange Rate and Canadian Inflation Targeting
Christopher Ragan

2005-33
Does Financial Structure Matter for the Information Content of Financial Indicators?
Ramdane Djoudad, Jack Selody, and Carolyn Wilkins

2005-32
Degree of Internationalization and Performance: An Analysis of Canadian Banks
Walid Hejazi and Eric Santor

2005-31
Forecasting Canadian GDP: Region-Specific versus Countrywide Information
Frédérick Demers and David Dupuis

2005-30
Intertemporal Substitution in Macroeconomics: Evidence from a Two-Dimensional Labour Supply Model with Money
Ali Dib and Louis Phaneuf

2005-29
Has Exchange Rate Pass-Through Really Declined in Canada?
Hafedh Bouakez and Nooman Rebei

2005-28
Inflation and Relative Price Dispersion in Canada: An Empirical Assessment
André Binette and Sylvain Martel

2005-27
Inflation Dynamics and the New Keynesian Phillips Curve: An Identification-Robust Econometric Analysis
Jean-Marie Dufour, Lynda Khalaf, and Maral Kichian

2005-26
Uninsured Idiosyncratic Production Risk with Borrowing Constraints
Francisco Covas

2005-25
The Impact of Unanticipated Defaults in Canada's Large Value Transfer System
Darcey McVanel

2005-24
A Search Model of Venture Capital, Entrepreneurship, and Unemployment
Robin Boadway, Oana Secrieru, and Marianne Vigneault

2005-23
Pocket Banks and Out-of-Pocket Losses: Links between Corruption and Contagion
Raphael H. Solomon

2005-22
The Effects of the Exchange Rate on Investment: Evidence from Canadian Manufacturing Industries
Tarek Harchaoui, Faouzi Tarkhani, and Terence Yuen

2005-21
The Effectiveness of Official Foreign Exchange Intervention in a Small Open Economy: The Case of the Canadian Dollar
Rasmus Fatum and Michael R. King

2005-20
La fonction de production et les données canadiennes
Patrick Perrier

2005-19
Bank Failures and Bank Fundamentals: A Comparative Analysis of Latin America and East Asia during the Nineties using Bank-Level Data
Marco Arena

2005-18
Lines of Credit and Consumption Smoothing: The Choice between Credit Cards and Home Equity Lines of Credit
Shubhasis Dey

2005-17
Risk Perceptions and Attitudes
Miroslav Misina

2005-16
Endogenous Central Bank Credibility in a Small Forward-Looking Model of the U.S. Economy
René Lalonde

2005-15
Learning-by-Doing or Habit Formation?
Hafedh Bouakez and Takashi Kano

2005-14
Labour Market Adjustments to Exchange Rate Fluctuations: Evidence from Canadian Manufacturing Industries
Danny Leung and Terence Yuen

2005-13
Efficiency and Economies of Scale of Large Canadian Banks
Jason Allen and Ying Liu

2005-12
Do Exchange Rates Affect the Capital-Labour Ratio? Panel Evidence from Canadian Manufacturing Industries
Danny Leung and Terence Yuen

2005-11
An Analysis of Closure Policy under Alternative Regulatory Structures
Greg Caldwell

2005-10
Educational Spillovers: Does One Size Fit All?
Robert Baumann and Raphael Solomon

2005-9
State Dependence in Fundamentals and Preferences Explains Risk-Aversion Puzzle
Fousseni Chabi-Yo, René Garcia, and Eric Renault

2005-8
Recent Developments in Self-Employment in Canada
Nadja Kamhi and Danny Leung

2005-7
Determinants of Borrowing Limits on Credit Cards
Shubhasis Dey and Gene Mumy

2005-6
Monetary Policy under Model and Data-Parameter Uncertainty
Gino Cateau

2005-5
Y a-t-il eu surinvestissement au Canada durant la seconde moitié des années 1990?
Sylvain Martel

2005-4
State-Dependent or Time-Dependent Pricing: Does It Matter for Recent U.S. Inflation?
Peter J. Klenow and Oleksiy Kryvtsov

2005-3
Pre-Bid Run-Ups Ahead of Canadian Takeovers: How Big Is the Problem?
Michael R. King and Maksym Padalko

2005-2
The Stochastic Discount Factor: Extending the Volatility Bound and a New Approach to Portfolio Selection with Higher-Order Moments
Fousseni Chabi-Yo, René Garcia, and Eric Renault

2005-1
Self-Enforcing Labour Contracts and the Dynamics Puzzle
Christian Calmès