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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| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2013.
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| Серія: | IMF Working Papers; Working Paper ;
No. 2013/120 |
| Онлайн доступ: | Full text available on IMF |