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2024-03-28T22:35:14+00:00
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Credit Constraints and Consumer Spending
https://www.bankofcanada.ca/2009/09/working-paper-2009-25/
This paper examines the relationship between aggregate consumer spending and credit availability in the United States. The author finds that consumer spending falls (rises) in response to a reduction (increase) in credit availability.
2009-09-15T10:43:55+00:00
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Credit Constraints and Consumer Spending
2009-09-15
Credit and credit aggregates
Domestic demand and components
Recent economic and financial developments
Working Paper 2009-25
https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp09-25.pdf
Credit Constraints and Consumer Spending
Kimberly Beaton
September 2009
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E27
E4
E44
E5
E51
E58
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Resurrecting the Role of Real Money Balance Effects
https://www.bankofcanada.ca/2009/09/working-paper-2009-24/
I present a structural econometric analysis supporting the hypothesis that money is still relevant for shaping inflation and output dynamics in the United States. In particular, I find that real money balance effects are quantitatively important, although smaller than they used to be in the early postwar period.
2009-09-15T10:36:19+00:00
en
Resurrecting the Role of Real Money Balance Effects
2009-09-15
Business fluctuations and cycles
Monetary aggregates
Monetary policy transmission
Working Paper 2009-24
https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp09-24.pdf
Resurrecting the Role of Real Money Balance Effects
José Dorich
September 2009
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E3
E31
E32
E5
E52