This paper proposes and tests a theory of credit-driven asset bubbles which are neutral in their real effects. When a …

This paper studied the effects of credit to private non-financial sectors on income inequality. In particular, we … focused on the distinction between household and firm credits, and investigated whether these two types of credit had adverse … developed and developing countries over the period from 1995 to 2013, we showed that firm credit reduced income inequality …

use of credit, at the individual and household level using representative pooled cross-section data drawn from the UK … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … between gambling and the use of credit is remarkably stable across household income. In addition to our household level …