
Thomas Michael Pugh
Senior Economist
- BSc Philosophy and Economics, London School of Economics, First Class Honours
- MSc Economics, University College London
- MRes Economics, University College London
- PhD Economics, University College London
Bio
Thomas Pugh is a Senior Economist at the Bank of Canada, working within Financial Studies (FinStud) on heterogeneity in the wealth, income and consumption distributions as well as on entrepreneurship and self-employment. Tom holds a PhD in Economics from University College London.
Staff discussion papers
Staff working papers
The Heterogeneous Effects of COVID-19 on Canadian Household Consumption, Debt and Savings
The impact of COVID-19 on Canadian households’ debt and unplanned savings varies by household income. Low-income and high-income households accrued unplanned savings, while middle-income households tended to accumulate more debt.Journal publications
Refereed journals
- “The Heterogeneous Effects of COVID-19 on Canadian Household Consumption, Debt and Savings,” (with Jim MacGee and Kurt See), Canadian Journal of Economics 55, no. S1 (2022): 54-87.