G5 - Household Finance - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T07:02:00+00:00The Heterogeneous Effects of COVID-19 on Canadian Household Consumption, Debt and Savings
https://www.bankofcanada.ca/2020/11/staff-working-paper-2020-51/
The impact of COVID-19 on Canadian households’ debt and unplanned savings varies by household income. Low-income and high-income households accrued unplanned savings, while middle-income households tended to accumulate more debt.2020-11-27T10:28:16+00:00enThe Heterogeneous Effects of COVID-19 on Canadian Household Consumption, Debt and Savings2020-11-27Business fluctuations and cyclesCoronavirus disease (COVID-19)Financial stabilityStaff Working Paper 2020-51https://www.bankofcanada.ca/wp-content/uploads/2020/11/swp2020-51.pdfThe Heterogeneous Effects of COVID-19 on Canadian Household Consumption, Debt and SavingsJames (Jim) C. MacGeeThomas Michael PughKurt SeeNovember 2020EE2E21E24GG5G51