How Do Mortgage Rate Resets Affect Consumer Spending and Debt Repayment? Evidence from Canadian Consumers
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- Katya Kartashova, 2020. "The Effect of Mortgage Rate Resets on Debt: Evidence from TransUnion (Part I)," Staff Analytical Notes 2020-2, Bank of Canada.
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More about this item
Keywords
Credit and credit aggregates; Interest rates; Monetary policy; Transmission of monetary policy;JEL classification:
- D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2020-05-25 (Central Banking)
- NEP-MAC-2020-05-25 (Macroeconomics)
- NEP-MON-2020-05-25 (Monetary Economics)
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