This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website.
Using a novel dataset for the US states, this paper examines whether household debt and the protracted debt deleveraging help explain the dismal performance of US consumption since 2007, in the aftermath of the housing bubble.
The Bank of Canada today announced its preliminary January to March 2016 quarterly schedule for its term repo program. The Bank will announce each operation separately and may modify the schedule, including introducing operations for different terms.