disparities in income, employment, homeownership, education, access to credit, and retirement savings - all factors that …

's credit decisions affect their future income. We use the bank's cutoff rule, which is based on the applicants' credit scores … acceptance increases recipients' income five years later by more than 10 percent compared to denied applicants. This effect is … mostly driven by the use of borrowed funds to undertake investments, and is stronger when individuals are more credit-constrained. …

The aim of this paper is analyzing the evolution of the Brazilian credit market from 2003 to 2011 and its impact on … determinants and the general trends of the banking credit market between December 2003 and December 2011, while the third section …

The influence of financial deepening on income inequality in developed economies is studied with particular interest in … the European Union member states that have large penetration of bank credit. Building on the model of financially open … economies (Kunieda et al., 2014) and extending its implications for the top-income shares, it is shown that a simultaneous …