Thomas Michael Pugh - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T11:03:52+00:00Heterogeneity and Monetary Policy: A Thematic Review
https://www.bankofcanada.ca/2022/02/staff-discussion-paper-2022-2/
The theory that rich economic diversity of businesses and households both affects and is shaped by economy-wide fluctuations has strong implications for monetary policy. This review places these insights in a Canadian context.2022-02-02T09:25:14+00:00enHeterogeneity and Monetary Policy: A Thematic Review2022-02-02Economic modelsMonetary policy and uncertaintyMonetary policy transmissionStaff Discussion Paper 2022-2https://www.bankofcanada.ca/wp-content/uploads/2022/02/sdp2022-2.pdfHeterogeneity and Monetary Policy: A Thematic ReviewFelipe AlvesChristian BustamanteXing GuoKatya KartashovaSoyoung LeeThomas Michael PughKurt SeeYaz TerajimaAlexander UeberfeldtFebruary 2022DD2D25D3D31EE2E22E24E5E50E52The 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