R2 - Household Analysis - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T15:14:32+00:00Consumption, Housing Collateral, and the Canadian Business Cycle
https://www.bankofcanada.ca/2009/10/working-paper-2009-26/
Using Bayesian methods, we estimate a small open economy model in which consumers face limits to credit determined by the value of their housing stock. The purpose of this paper is to quantify the role of collateralized household debt in the Canadian business cycle.2009-10-15T10:50:34+00:00enConsumption, Housing Collateral, and the Canadian Business Cycle2009-10-15Business fluctuations and cyclesCredit and credit aggregatesMonetary policy transmissionWorking Paper 2009-26 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp09-26.pdfConsumption, Housing Collateral, and the Canadian Business CycleIan ChristensenPaul CorriganCaterina MendicinoShin-Ichi NishiyamaOctober 2009EE2E21E3E32E4E44E5E52RR2R21