How changes in the share of constrained households affect the effectiveness of monetary policy

Felipe Alves and Sushant Acharya

No 2024-3, Staff Analytical Notes from Bank of Canada

Abstract: We measure how the change in the share of constrained households in Canada following the COVID-19 recession has impacted the effectiveness of monetary policy.

Keywords: Coronavirus disease (COVID-19); Monetary policy transmission (search for similar items in EconPapers)
JEL-codes: E21 E40 E50 (search for similar items in EconPapers)
Date: 2024-02
New Economics Papers: this item is included in nep-ban, nep-cba, nep-fdg and nep-mon
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