Credit Constraints, Productivity Shocks and Consumption Volatility in Emerging Economies /

How does access to credit impact consumption volatility? Theory and evidence from advanced economies suggests that greater household access to finance smooths consumption. Evidence from emerging markets, where consumption is usually more volatile than income, indicates that financial reform further...

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Detalles Bibliográficos
Autor principal: Bhattacharya, Rudrani
Otros Autores: Patnaik, Ila
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2013.
Colección:IMF Working Papers; Working Paper ; No. 2013/120
Acceso en línea:Full text available on IMF