Nuno Paixao

Senior Economist

Nuno Paixao is a Senior Economist in the Financial Stability Department at the Bank of Canada. He is a macroeconomist with research interests in financial economics, household finance, housing, banking and monetary policy. He received his Ph.D. in Economics from the University of Chicago.


Senior Economist
Financial Stability
Financial Studies

Bank of Canada
234 Wellington Street
Ottawa, ON, K1A 0G9


Working Papers

  • House Prices and Consumer Spending: The Bank Balance Sheet Channel
  • Propagation of House Prices Shocks through the Banking System


  • Ph.D. Economics, University of Chicago, 2017
  • M.A. Economics, University of Chicago, 2013
  • M.Res. Economics, Nova SBE, 2011
  • B.A. Economics, Nova SBE, 2007

Research Interests

  • Macroeconomics
  • Financial Economics
  • Household Finance
  • Housing

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