Are We Ignoring Supply Shocks? A Proposal for Monitoring Cyclical Fluctuations

Carolina Pagliacci

No 21, Documentos de Investigación - Research Papers from CEMLA

Abstract: This study analyzes the relationship of credit repayment behavior with personal and cognitive characteristics and with preferences; in addition, it analyses the relationship of amounts of indebtedness with the same three variables. We developed and applied a survey to a random sample of clients of the Provident, a personal loan financial institution in Mexico. Our study concludes, firstly, that people with higher levels of perseverance and consistency of interest towards long term goals tend to complete all their payments on time. Secondly, the more impatient individuals are, the more they wish to repay their debts on time. Lastly, the greater an individual’s preference for receiving payments in the future, and the lower their educational level, the lower will be their amount of indebtedness.

Keywords: Cyclical fluctuation; structural demand and supply identification; sign restriction identification (search for similar items in EconPapers)
JEL-codes: C32 E31 E32 (search for similar items in EconPapers)
Pages: 28
Date: 2016-04
New Economics Papers: this item is included in nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Journal Article: Are we ignoring supply shocks? A proposal for monitoring cyclical fluctuations (2019)
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