Using a monthly panel dataset of individuals' debt composition including mortgage and nonmortgage consumer credit, we …

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

inclusion of a broad set of loan-level controls and fixed effects. We also find that the spread between high and low 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 …

households. We rule out alternative explanations such as changes in access to credit, borrower risk profiles, and interest rate …We study recent technological innovation in credit markets and document their role in providing information to … households. We show that households value the ability to learn detailed information about their cost of credit. This function is …

about future interest rates. Our findings help us to understand the responses of the household sector to changes in the …

significant and economically important determinants of household saving preferences and credit constraints. …We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity … constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new …

.30%. This evidence suggests that credit constraints are relevant in this market. Things change substantially when moving along …

We study whether the level of household indebtedness is related to the interest rate elasticity of private consumption … even as the household sector's debt-to-income ratio has almost doubled in the past 20 years. Estimates based on the … household-level Finnish Wealth Survey suggest that the share of liquidity-constrained households has declined over the same time …