Oxford Index Browse

You are looking at 1-3 of 3 items for:

Social Sciences x Financial Institutions and Services x Macroeconomics: Consumption, Saving, Production, Employment, and Investment x Money and Interest Rates x clear all

The Democratization of Credit and the Rise in Consumer Bankruptcies

Igor Livshits, James C. Mac Gee and Michèle Tertilt.

in The Review of Economic Studies

October 2016; p ublished online March 2016 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Money and Interest Rates; Financial Regulation; Law and Economics. 18133 words.

Financial innovations are a common explanation for the rise in credit card debt and bankruptcies. To evaluate this story, we develop a simple model that incorporates two key frictions:...

Does Credit Crunch Investment Down? New Evidence on the Real Effects of the Bank-Lending Channel

Federico Cingano, Francesco Manaresi and Enrico Sette.

in The Review of Financial Studies

October 2016; p ublished online June 2016 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Money and Interest Rates; Economics; Banking; Corporate Governance. 17177 words.

We quantify the real effects of the bank-lending channel exploiting the dramatic liquidity drought in interbank markets that followed the 2007 financial crisis as a source of variation in...

Dollars Dollars Everywhere, Nor Any Dime to Lend: Credit Limit Constraints on Financial Sector Absorptive Capacity

Asim Ijaz Khwaja, Atif Mian and Bilal Zia.

in The Review of Financial Studies

December 2010; p ublished online September 2010 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Money and Interest Rates; Banking. 18558 words.

We exploit an unexpected inflow of liquidity in an emerging market to study how capital is intermediated to firms. We find that backward-looking credit limit constraints imposed by banks...