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.
Staff analytical notes
We explain how housing supply elasticities for Canadian cities are estimated. The procedure we use exploits the systematic differences in various cities’ sensitivity to regional house-price cycles.
Staff working papers
Interconnectedness between US states has affected the evolution of the COVID-19 pandemic. We study the optimal containment policies regulating the movement of goods and people within and between states.
We show that US banks price deposits almost uniformly across their branches and that this pricing practice is more important than increases in local market concentration in explaining the deposit rate dynamics following bank mergers.
- House Prices and Consumer Spending: The Bank Balance Sheet Channel
- Propagation of House Prices Shocks through the Banking System