Jason Allen - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T14:40:45+00:00Debt-Relief Programs and Money Left on the Table: Evidence from Canada's Response to COVID-19
https://www.bankofcanada.ca/2021/03/staff-working-paper-2021-13/
During the COVID-19 pandemic, Canadian financial institutions offered debt-relief programs to help borrowers cope with job losses and economic insecurity. We consider the low take-up rates for these programs and suggest that to be effective, such programs must be visible and easy to use.2021-03-16T08:46:16+00:00enDebt-Relief Programs and Money Left on the Table: Evidence from Canada's Response to COVID-192021-03-16Coronavirus disease (COVID-19)Credit and credit aggregatesDebt managementStaff Working Paper 2021-13https://www.bankofcanada.ca/wp-content/uploads/2021/03/swp2021-13.pdfDebt-Relief Programs and Money Left on the Table: Evidence from Canada's Response to COVID-19Jason AllenRobert ClarkShaoteng LiNicolas VincentMarch 2021GG3G31HH5