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Will ethical consumers sustain their values in the global credit crunch?

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Foreign bank ownership and household credit

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Job loss, credit constraints, and consumption growth

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Catching up with the Joneses and borrowing constraints : an agent-based analysis of household debt

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We study an Agent-based model of household-bank relationships where households borrow for the purpose of consumption. Desired consumption is driven by households disposable income as well as a social norm of consumption. If households care about their relative position in the economy (i.e. want...

Persistent link: https://www.econbiz.de/10010425727

Durable goods, borrowing constraints and consumption insurance

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