Senior Economist in the Financial Markets Department (FMD) of the Bank of Canada Personal website
We assess the ability of an information aggregation mechanism that operates in the over-the-counter market for financial derivatives to reduce...
Artificial intelligence, such as the Bank of England Bot, is set to take over an increasing number of central bank functions. This column argues that...
Artificial intelligence (AI) is rapidly changing how the financial system is operated, taking over core functions because of cost savings and...
We develop a new methodology to estimate the impact of a financial transaction tax (FTT) on informational efficiency, liquidity and volatility. In our...
Artificial intelligence (AI) is rapidly changing how financial institutions are operated and regulated. The authors discuss the benefits and danger...
This paper provides an explanation for the variety of contracts offered by competitive firms for seemingly identical products or services. I show that...
The proposed EU capital markets union aims to revitalise Europe’s economy by creating efficient funding channels between providers of loanable funds...
