Posts

• September 11, 2001

  Government of Canada treasury bill auction and Cash Management Buyback scheduled to be held today are postponed and cancelled respectively

  In light of extraordinary circumstances that have occurred in the U.S. today that have significantly disrupted trading activity, the Government of Canada in conjunction with the Bank of Canada are making the following Debt Management announcements:

  Content Type(s): Press, Market notices

• L'effet de la richesse sur la consommation aux États-Unis

  Staff Working Paper 2001-14 Yanick Desnoyers

  The substantial growth in wealth over the course of the second half of the 1990s generated the equivalent of a certain level of savings, while simultaneously causing household savings rates to fall significantly. The author seeks to explain this decline in savings, observed since 1995, using the methodology developed by King, Plosser, Stock, and Watson (1991).

  Content Type(s): Staff research, Staff working papers Topic(s): Domestic demand and components JEL Code(s): E, E2, E21