They do. Partly. We identify credit supply shocks via sign restrictions in a Bayesian VAR and separate them into … positive and negative. Using local projections, we find that positive credit supply shocks leave notably different prints in … private debt, mortgage debt, and debt: GDP, as opposed to negative credit supply shocks. This pattern is caused by the …

Early Modern Debts: 1550-1700 makes an important contribution to the history of debt and credit in Europe, creating new … transnational and interdisciplinary perspectives on problems of debt, credit, trust, interest, and investment in early modern …; institutional history; colonialism; personhood; interiority; rhetorical invention; amicable language; ethnicity and credit …