credit. The optimal consumer decision represents the trade-off between the propensity to search for beneficial insurance or … consumer credit, and marginal savings on insurance policy or consumer credit. Under price dispersion the indirect utility … insurance or the complete consumer credit. The comparative static analysis of the saddle point of the utility function discovers …

in which the banks learn the central bank’s true model and adjust their credit policies to existing regulatory regime …. However this adjustment also creates changes in the choice of credit. …

building block of no-arbitrage pricing theory. Nowadays, in the modern financial world after the credit crunch, some Libors are …

The study examines the socio-economic factors discriminating defaulters and non-defaulters of credit repayment. Multi …

VAR model with excess credit growth and control variables (interest rate and inflation) over two periods, 1954 … credit growth and GDP volatility changed between the two periods, controlling for the stance of monetary policy, for … inflation, and for the endogeneity of credit to growth (as well as for other endogeneities). Results from Granger causality …