inclusion of a broad set of loan-level controls and fixed effects. We also find that the spread between high and low credit …

While theory predicts different effects of household credit and enterprise credit on the economy, the empirical … the different effects of these two components on real sector outcomes. We find that: 1) enterprise credit raises economic … growth whereas household credit has no effect; 2) enterprise credit reduces income inequality whereas household credit has no …

How does gaining access to expensive credit affect the well-being of credit-constrained households? I use plausibly …

Data Point provides a closer look at borrowers' use of credit as they approach and make their final student loan payments … preceding the payoff. In the same month as the payoff, these borrowers also reduce their credit card balances and make large …

from other unsecured debt. In 2005, student loans originated by private companies — loans granted only to credit … the cost of consumer credit. Focusing on consumers' decision-making biases, opponents predicted that there would be no … discernible change in the cost of consumer credit or loan volumes. We develop and test theoretical models predicting the effects …

-seeking behavior. They supply larger credit due to higher demand, but at higher rates due to greater perceived risks. The resulting …

We study how monetary conditions change the supply by banks of mortgage credit to households. We exploit the widespread … presence of foreign currency mortgages in Hungary and study this country's comprehensive credit registry. Changes in monetary … conditions not only affect the supply of credit in volume, but also in its currency and risk composition. Hence, we establish a …

While the theoretical and empirical finance literature has focused almost exclusively on enterprise credit, about half … of credit extended by banks to the private sector in a sample of 45 developing and developed countries is to households …. The share of household credit in total credit increases as countries grow richer and financial systems develop. Cross …