H31 - Household - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T11:17:53+00:00What People Believe About Monetary Finance and What We Can(’t) Do About It: Evidence from a Large-Scale, Multi-Country Survey Experiment
https://www.bankofcanada.ca/2023/06/staff-working-paper-2023-36/
We conduct a large-scale survey to shed light on what people believe about public finance. An experiment demonstrates that central bank communication can persistently shift views on monetary financing. It further suggests that views on monetary financing impact support for fiscal discipline.2023-06-14T09:52:58+00:00enWhat People Believe About Monetary Finance and What We Can(’t) Do About It: Evidence from a Large-Scale, Multi-Country Survey Experiment2023-06-14Central bank researchFiscal policyMonetary policyStaff Working Paper 2023-36https://www.bankofcanada.ca/wp-content/uploads/2023/06/swp2023-36.pdfWhat People Believe About Monetary Finance and What We Can(’t) Do About It: Evidence from a Large-Scale, Multi-Country Survey ExperimentCars HommesJulien PinterIsabelle SalleJune 2023CC8C83EE5E58E6E60E62E7E70GG5G53HH3H31Child Skill Production: Accounting for Parental and Market-Based Time and Goods Investments
https://www.bankofcanada.ca/2020/09/staff-working-paper-2020-36/
Can daycare replace parents’ time spent with children? We explore this by using data on how parents spend time and money on children and how this spending is related to their child’s development.2020-09-11T13:15:39+00:00enChild Skill Production: Accounting for Parental and Market-Based Time and Goods Investments2020-09-11Fiscal policyLabour marketsPotential outputProductivityStaff Working Paper 2020-36https://www.bankofcanada.ca/wp-content/uploads/2020/09/SWP-2020-36.pdfStaff Working Paper 2020-36Elizabeth CaucuttLance LochnerJoseph MullinsYoungmin ParkSeptember 2020DD1D13HH3H31JJ2J22J24Debt Overhang and Deleveraging in the US Household Sector: Gauging the Impact on Consumption
https://www.bankofcanada.ca/2015/12/staff-working-paper-2015-47/
Using a novel dataset for the US states, this paper examines whether household debt and the protracted debt deleveraging help explain the dismal performance of US consumption since 2007, in the aftermath of the housing bubble.2015-12-29T07:51:54+00:00enDebt Overhang and Deleveraging in the US Household Sector: Gauging the Impact on Consumption2015-12-29Credit and credit aggregatesEconometric and statistical methodsInternational topicsStaff Working Paper 2015-47https://www.bankofcanada.ca/wp-content/uploads/2015/12/wp2015-47.pdfDebt Overhang and Deleveraging in the US Household Sector: Gauging the Impact on ConsumptionBruno AlbuquerqueGeorgi KrustevDecember 2015CC1C13C2C23C5C52DD1D12HH3H31Household Borrowing and Spending in Canada
https://www.bankofcanada.ca/wp-content/uploads/2012/02/boc-review-winter11-12-bailliu.pdf
Understanding how much of the increased debt load of Canadian households has been used to finance household spending on consumption and home renovation is important for the conduct of monetary policy. In this article, the authors use a comprehensive data set that provides information on the uses of debt by Canadian households. They first present some facts regarding the evolution of Canadian household debt over the period from 1999 to 2010, emphasizing the increased importance of debt flows that are secured by housing. They then explore how Canadian households have used their borrowed funds over the same period, and assess the role of these borrowed funds in financing total consumption and spending on home renovation. Finally, they examine the possible effects of a decline in house prices on consumption when housing equity is used as collateral against household indebtedness.2012-02-23T10:10:32+00:00enHousehold Borrowing and Spending in Canada2012-02-23Trends in U.S. Hours and the Labor Wedge
https://www.bankofcanada.ca/2010/11/working-paper-2010-28/
From 1980 until 2007, U.S. average hours worked increased by thirteen percent, due to a large increase in female hours. At the same time, the U.S. labor wedge, measured as the discrepancy between a representative household's marginal rate of substitution between consumption and leisure and the marginal product of labor, declined substantially.2010-11-08T15:19:41+00:00enTrends in U.S. Hours and the Labor Wedge2010-11-08Economic modelsLabour marketsPotential outputWorking Paper 2010-28https://www.bankofcanada.ca/wp-content/uploads/2010/11/wp10-28.pdfTrends in U.S. Hours and the Labor WedgeSimona CociubaAlexander UeberfeldtNovember 2010EE2E24HH2H20H3H31JJ2J22