missing from credit bureau data act as a drag on state-level consumption growth. This finding seems to be driven by young …There are more young adults today with either no credit history or insufficient credit history to be scored by one of … the major credit bureaus than there were before the Great Recession−a reality that is likely an unintended outcome of the …

large firms on pre-committed lines of credit. Differences in demand for liquidity cannot fully explain the differences in … shorter maturity credit lines than large firms; (ii) have less active maturity management and therefore frequently have … expiring credit; (iii) post more collateral on both credit lines and term loans; (iv) have higher utilization rates in normal …

regime dependent two-pillar Phillips curve for the euro area, in which lagged credit growth determines the transition …

% to generate the same liquidity of a credit fire sale …We study the role of captive finance in the car loan market when manufacturers' liquidity demand increases. Using a new … multi-country dataset on securitized car loans, we show that captive lending enables a liquidity constrained integrated …