Staff working papers - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T00:12:46+00:00L'endettement du secteur privé au Canada: un examen macroéconomique
https://www.bankofcanada.ca/1994/08/working-paper-1994-7/
In this study, the author examines the hypothesis of private-sector debt overhang, which suggests that households and businesses may on occasion find themselves holding too much debt and so decide to reduce it by cutting back expenditures. His aim is to determine whether this hypothesis can help explain the weakness of credit growth and the sluggishness of the recent economic recovery in Canada.1994-08-01T13:48:25+00:00frL'endettement du secteur privé au Canada: un examen macroéconomique1994-08-01Sectoral balance sheetWorking Paper 1994-7https://www.bankofcanada.ca/wp-content/uploads/2010/04/wp94-7.pdfL’endettement du secteur privé au Canada : un examen macroéconomiqueJean-François FillionAugust 1994