and that high-cost loans are likely used to finance impulse spending or function as a way to prolong a credit …

Credit limit variability is a crucial aspect of the consumption, savings, and debt decisions of households in the … United States. Using a large panel, this paper first demonstrates that individuals gain and lose access to credit frequently … and often have their credit limits reduced unexpectedly. Credit limit volatility is larger than most estimates of income …

economic and sociodemographic characteristics in predicting applications for credit and the size of debt. The paper uses … microdata from the Estonian Household Finance and Consumption Survey (HFCS) and estimates probit and Heckman models. My analysis … larger. The variables describing the household's expectations for its future financial situation are on their own related to …

We set up and solve a rich life-cycle model of household decisions involving consumption of both perishable goods and …

credit constraints are ignored. As a more constructive contribution, I supply a tractable approach to obtaining bounds on the … register data. Results suggest that children does not affect household consumption in the same magnitude previously assumed …

We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence …

We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence …

We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence …