presence of labor income uncertainty and credit constraints. Saving in the model is affected by the gap between 'target' and … suggests that increased credit availability accounts for most of the long-term saving decline, while fluctuations in wealth and …We argue that the U.S. personal saving rate's long stability (1960s-1980s), subsequent steady decline (1980s-2007), and …

of labor income uncertainty and credit constraints. Saving in the model is affected by the gap between target and actual … suggests that increased credit availability accounts for most of the long-term saving decline, while fluctuations in wealth and …We argue that the US personal saving rate's long stability (1960s-1980s), subsequent steady decline (1980s-2007), and …

agricultural investment, land valuation and access to credit in Tanzania. Results show that while there are no detectable effects … credit. The findings suggest that there are potentially significant, economic returns to systematic land titling in Tanzania …

This paper investigates whether output and inflation respond asymmetrically to credit shocks in the euro area. The … effects related to credit conditions in the economy. Consistent with this finding, the impulse responses show some signs of …

between gambling and the use of credit is remarkably stable across household income. In addition to our household level … of credit, with somewhat stronger relationships in lower income households. … use of credit, at the individual and household level using representative pooled cross-section data drawn from the UK …

? liquidity constraints. We also demonstrate that increasing the rate of inflation can be welfare improving when credit rationing …

The recent financial crisis has put the spotlight on the rapid rise in credit which preceded it. In this paper, we … provide an empirical and theoretical analysis of the credit boom and the macroeconomic context in which it developed. We find … economies in which it took place. We show that this type of credit and financial cycle is hard to reconcile with existing …

documents a growing role of non-bank financial intermediaries in the provision of credit to NFCs. After exploring supply and … reallocation of credit to other sectors or assets. This could generate greater systemic risk through unsustainable valuations or …

We examine experimentally the effect of complexity on individual decision making. We focus on credit choices, as they …

show that the incidence of inefficient credit termination and subsequent firm liquidation is contingent on the borrower … inefficient credit decisions than monopoly relationship lending or homogeneous multiple banking, provided that the relationship …