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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Bhattacharya, Rudrani
Beste egile batzuk: Patnaik, Ila
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2013.
Saila:IMF Working Papers; Working Paper ; No. 2013/120
Sarrera elektronikoa:Full text available on IMF