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9110 Results

Debt Overhang and Deleveraging in the US Household Sector: Gauging the Impact on Consumption

Staff Working Paper 2015-47 Bruno Albuquerque, Georgi Krustev
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.
December 22, 2015

Preliminary Quarterly Term Repo Schedule

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.
Content Type(s): Press, Market notices
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