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...
Κύριος συγγραφέας: | |
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Άλλοι συγγραφείς: | |
Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2013.
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Σειρά: | IMF Working Papers; Working Paper ;
No. 2013/120 |
Διαθέσιμο Online: | Full text available on IMF |