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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Bhattacharya, Rudrani
Tác giả khác: Patnaik, Ila
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2013.
Loạt:IMF Working Papers; Working Paper ; No. 2013/120
Truy cập trực tuyến:Full text available on IMF