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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Bhattacharya, Rudrani
Rannpháirtithe: Patnaik, Ila
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2013.
Sraith:IMF Working Papers; Working Paper ; No. 2013/120
Rochtain ar líne:Full text available on IMF