Consumption, "Credit Crunches" and Financial Deregulation

Andrew Scott ()

Economics Series Working Papers from University of Oxford, Department of Economics

Abstract: We examine whether credit contributes to business cycle fluctuations by dirctly affecting consumption rather than through the new well understood investment channel.

Keywords: CONSUMPTION; BUSINESS CYCLES (search for similar items in EconPapers)
JEL-codes: D90 D91 (search for similar items in EconPapers)
Date: 1996
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Working Paper: Consumption, 'Credit Crunches' and Financial Deregulation (1996)
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Persistent link: http://EconPapers.repec.org/RePEc:oxf:wpaper:99181

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