D1 - Household Behavior and Family Economics - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T12:55:28+00:00Home Equity Extraction and Household Spending in Canada
https://www.bankofcanada.ca/2019/09/staff-analytical-note-2019-27/
We use rich microdata to measure home equity extraction in Canada and track its evolution over time. We find home equity extraction has been rising in recent years and has likely contributed materially to dynamics in household spending.2019-09-20T06:00:07+00:00enHome Equity Extraction and Household Spending in Canada2019-09-20Flight from Safety: How a Change to the Deposit Insurance Limit Affects Households’ Portfolio Allocation
https://www.bankofcanada.ca/2019/08/staff-working-paper-2019-29/
Deposit insurance protects depositors from failing banks, thus making insured deposits risk-free. When a deposit insurance limit is increased, some deposits that previously were uninsured become insured, thereby increasing the share of risk-free assets in households’ portfolios. This increase cannot simply be undone by households, because to invest in uninsured deposits, a household must first invest in insured deposits up to the limit. This basic insight is the starting point of the analysis in this paper.2019-08-15T07:54:52+00:00enFlight from Safety: How a Change to the Deposit Insurance Limit Affects Households’ Portfolio Allocation2019-08-15Financial institutionsFinancial system regulation and policiesStaff Working Paper 2019-29https://www.bankofcanada.ca/wp-content/uploads/2019/08/swp2019-29.pdfFlight from Safety: How a Change to the Deposit Insurance Limit Affects Households’ Portfolio AllocationH. Evren DamarReint GroppAdi MordelAugust 2019DD1D14GG2G21G28LL5L51Reassessing the Growth of HELOCs in Canada Using New Regulatory Data
https://www.bankofcanada.ca/2019/05/staff-analytical-note-2019-14/
Using new regulatory data on residential secured lending from Canadian banks, we assess the growth rate of home equity lines of credit (HELOCs).2019-05-13T12:27:49+00:00enReassessing the Growth of HELOCs in Canada Using New Regulatory Data2019-05-13Inequality in Parental Transfers, Borrowing Constraints and Optimal Higher Education Subsidies
https://www.bankofcanada.ca/2019/02/staff-working-paper-2019-7/
This paper studies optimal education subsidies when parental transfers are unequally distributed across students and cannot be publicly observed. After documenting substantial inequality in parental transfers among US college students with similar family resources, I examine its implications for how the education subsidy should vary with schooling level and family resources to minimize inefficiencies generated by borrowing constraints.2019-02-11T14:03:49+00:00enInequality in Parental Transfers, Borrowing Constraints and Optimal Higher Education Subsidies2019-02-11Fiscal policyPotential outputProductivityStaff Working Paper 2019-7https://www.bankofcanada.ca/wp-content/uploads/2019/02/swp2019-7.pdfInequality in Parental Transfers, Borrowing Constraints and Optimal Higher Education SubsidiesYoungmin ParkFebruary 2019DD1D14D6D61D64D8D82II2I22JJ2J24