find a 1:1 pass-through only in the case of non-earmarked credit for corporations and no evidence of transmission for … households and earmarked credit. Owing to lower pass-through and credit/GDP, the effect of monetary policy through the credit …

How does the large market for credit score improvement products affect consumers and market efficiency? For consumers …, we use a randomized encouragement design on a standard credit builder loan (CBL) and find null average effects on scores … credit activity. CBLs induce delinquency on pre-existing loan obligations, suggesting that even a seemingly modest additional …

The access to credit is generally seen as an important ingredient for development. However, over the last years reports … on families contracting excessive debt and falling into credit traps have also increased. In this paper I develop a model … of family credit behavior based on insights from behavioral economics. I particularly consider phenomena like keeping …

There is little evidence on how the large market for credit score improvement products affects consumers or credit … market efficiency. A randomized encouragement design on a standard credit builder loan (CBL) identifies null average effects … on whether consumers have a credit score and the score itself, with important heterogeneity: those with loans outstanding …