G2 - Financial Institutions and Services

• Bank Runs, Portfolio Choice, and Liquidity Provision

  Staff Working Paper 2019-37 Toni Ahnert, Mahmoud Elamin

  After the financial crisis of 2007–09, many jurisdictions introduced new banking regulations to make banks more resilient and less likely to fail. These regulations included tighter limits for the quality and quantity of bank capital and introduced minimum standards for liquidity. But what was the impact of these changes?

  Content Type(s): Staff research, Staff working papers Topic(s): Financial stability, Wholesale funding JEL Code(s): G, G0, G01, G2, G21

• Home Equity Extraction and Household Spending in Canada

  Staff Analytical Note 2019-27 Anson T. Y. Ho, Mikael Khan, Monica Mow, Brian Peterson

  We use rich microdata to measure home equity extraction in Canada and track its evolution over time. We find home equity extraction has been rising in recent years and has likely contributed materially to dynamics in household spending.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Financial stability, Housing JEL Code(s): D, D1, D12, E, E2, E21, G, G2, G20