Kimberly Beaton - Latest

• June 18, 2008

  House Prices and Consumer Spending

  Bank of Canada Review - Summer 2008 Kimberly Beaton, Sylvie Morin, Ilan Kolet

  Flood, Morin, and Kolet examine the role of house prices in household consumption decisions. Considering a group of advanced economies, the authors find that the strength of the link between house prices and consumer spending depends on the institutional features of national mortgage markets.

  Content Type(s): Publications, Bank of Canada Review articles Topic(s): Domestic demand and components, International topics, Recent economic and financial developments

• The Global Effects of U.S. Fiscal Policy

  Staff Discussion Paper 2008-8 Kimberly Beaton

  The author examines the global impact of U.S. fiscal policy using the Bank of Canada's Global Economy Model (Lalonde and Muir 2007). In particular, she examines the global macroeconomic implications of the expiration of major tax cuts in the United States and of expected increases in U.S. entitlement program expenditures.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Fiscal policy, International topics, Regional economic developments JEL Code(s): H, H0, H2, H3