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Charging up a mountain of debt: households and their credit cards.
Yoo; Peter S. - Federal Reserve Bank of St. Louis - 1996
I use the Surveys of Consumer Finances conducted in 1983, 1989 and 1992 to separate the growth of credit card debt into … two categories, changes in the number of households with credit cards and changes in households credit card debt. I can … credit card debt. I also use the household income information to quantify the impact of more lower income households with …
Persistent link: https://www.econbiz.de/10005360620
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Government debt, output, and asymmetric information
Haslag, Joseph H.; Betts, D.C. - Federal Reserve Bank of St. Louis - 1987
to total government debt based on explicit optimizing behavior. Deficit financing can have short-run effects because of …
Persistent link: https://www.econbiz.de/10005352761
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The global economy and the european sovereign debt crisis
Bullard, James - Federal Reserve Bank of St. Louis - 2012
July 10, 2012. Speech. "The Global Economy and the European Sovereign Debt Crisis." Delivered at the OMFIF Golden …
Persistent link: https://www.econbiz.de/10010727297
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Nonlinear relationship between permanent and transitory components of monetary aggregates and the economy
Anderson, Richard G.; Jones, Barry; Chauvet, Marcelle - Federal Reserve Bank of St. Louis - 2013
This paper uses several methods to study the interrelationship among Divisia monetary aggregates, prices, and income, allowing for nonstationary, nonlinearities, asymmetries, and time-varying relationships among the series. We propose a multivariate regime switching unobserved components model...
Persistent link: https://www.econbiz.de/10010662820
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Debt, inflation and central bank independence
Martin, Fernando M. - Federal Reserve Bank of St. Louis - 2013
financial burden of accumulated public debt. Endowing instead the central bank with an explicit inflation target lowers long …
Persistent link: https://www.econbiz.de/10010662821
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Cracks in the facade : American economic and financial structures after the boom
Emmons, William R. (contributor);  … - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001974484