I study the effect of access to payday loans on the timing, level and composition of consumption. Using a newly … obtained military administrative dataset of sales at on-base grocery and department stores, I examine how consumption behavior … known wait times between paycheck receipts throughout the year, I can examine daily consumption patterns in ways that were …

information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk … do not impose any model structure on the consumption process. This suggests that Italian households do not have access to …

Macedonia. The motivation stems from the expectation that different kind of borrowers might vary in terms of the use of credit … households' credits might induce and the positive impact that corporate credit might have on the overall productivity and …