C5 - Econometric Modeling - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T17:59:58+00:00Debt Overhang and Deleveraging in the US Household Sector: Gauging the Impact on Consumption
https://www.bankofcanada.ca/2015/12/staff-working-paper-2015-47/
Using a novel dataset for the US states, this paper examines whether household debt and the protracted debt deleveraging help explain the dismal performance of US consumption since 2007, in the aftermath of the housing bubble.2015-12-29T07:51:54+00:00enDebt Overhang and Deleveraging in the US Household Sector: Gauging the Impact on Consumption2015-12-29Credit and credit aggregatesEconometric and statistical methodsInternational topicsStaff Working Paper 2015-47https://www.bankofcanada.ca/wp-content/uploads/2015/12/wp2015-47.pdfDebt Overhang and Deleveraging in the US Household Sector: Gauging the Impact on ConsumptionBruno AlbuquerqueGeorgi KrustevDecember 2015CC1C13C2C23C5C52DD1D12HH3H31