E52 - Monetary Policy - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T21:16:00+00:00More Money for Some: The Redistributive Effects of Open Market Operations
https://www.bankofcanada.ca/2021/09/staff-working-paper-2021-46/
I use a search-theoretic model of money to study how open market operations affect the conduct of monetary policy and what this means for households along the wealth distribution. In the model, households vary in the size and composition of their portfolios, which in turn implies that they may be unevenly affected by open market operations.2021-09-29T14:21:05+00:00enMore Money for Some: The Redistributive Effects of Open Market Operations2021-09-29Inflation and pricesMonetary policyMonetary policy implementationMonetary policy transmissionStaff Working Paper 2021-46https://www.bankofcanada.ca/wp-content/uploads/2021/09/swp2021-46.pdfStaff Working Paper 2021-46Christian BustamanteSeptember 2021EE2E21E3E32E5E52Payment Habits During COVID-19: Evidence from High-Frequency Transaction Data
https://www.bankofcanada.ca/2021/09/staff-working-paper-2021-43/
We examine how consumers have adjusted their payment habits during the COVID-19 pandemic. They seem to perform fewer transactions, spend more in each transaction, use less cash at the point of sale and withdraw cash from ATMs linked to their financial institution more often than from other ATMs.2021-09-10T09:14:25+00:00enPayment Habits During COVID-19: Evidence from High-Frequency Transaction Data2021-09-10Coronavirus disease (COVID-19)Domestic demand and componentsPayment clearing and settlement systemsRecent economic and financial developmentsStaff Working Paper 2021-43https://www.bankofcanada.ca/wp-content/uploads/2021/09/swp2021-43.pdfPayment Habits During COVID-19: Evidence from High-Frequency Transaction DataTatjana DahlhausAngelika WelteSeptember 2021CC2C22C5C55DD1D12EE2E21E4E42E5E52