K3 - Other Substantive Areas of Law - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T00:14:14+00:00Consumer Credit with Over-optimistic Borrowers
https://www.bankofcanada.ca/2020/12/staff-working-paper-2020-57/
When lenders cannot directly identify behavioural and rational borrowers, they use type scoring to track the likelihood of a borrower’s type. This leads to the partial pooling of borrowers, which results in rational borrowers subsidizing borrowing costs for behavioural borrowers. This, in turn, reduces the effectiveness of regulatory policies that target mistakes by behavioural borrowers.2020-12-30T08:51:56+00:00enConsumer Credit with Over-optimistic Borrowers2020-12-30Credit and credit aggregatesCredit risk managementFinancial system regulation and policiesStaff Analytical Note 2020-57https://www.bankofcanada.ca/wp-content/uploads/2020/12/swp2020-57.pdfStaff Analytical Note 2020-57Florian ExlerIgor LivshitsJames (Jim) C. MacGeeMichèle TertiltDecember 2020EE2E21E4E49GG1G18KK3K35The Impact of Bankruptcy Reform on Insolvency Choice and Consumer Credit
https://www.bankofcanada.ca/2016/05/staff-working-paper-2016-26/
We examine the impact of the 2009 amendments to the Canadian Bankruptcy and Insolvency Act on insolvency decisions. Rule changes steered debtors out of division I proposals and into the more cost-effective division II proposals.2016-05-27T14:17:09+00:00enThe Impact of Bankruptcy Reform on Insolvency Choice and Consumer Credit2016-05-27Credit and credit aggregatesFinancial institutionsFinancial system regulation and policiesStaff Working Paper 2016-26https://www.bankofcanada.ca/wp-content/uploads/2016/05/swp2016-26.pdfThe Impact of Bankruptcy Reform on Insolvency Choice and Consumer CreditJason AllenKiana BasiriMay 2016DD1D14GG2KK3K35