Samah Torchani

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How Important Are Liquidity Constraints for Canadian Households? Evidence from Micro-Data

Staff Discussion Paper 2012-9 Umar Faruqui, Samah Torchani
Using a unique micro-dataset containing real and financial information on Canadian households for 2000–07, the authors address two questions: (1) What is the proportion of households whose consumption displays excess sensitivity to income, and who are likely liquidity constrained?
Content Type(s): Staff Research, Staff Discussion Papers Topic(s): Economic models, Sectoral balance sheet JEL Code(s): C, C3, C35, D, D1, D12, D3, D30

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