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)
Pages: 29 pages
Date: 1996
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Working Paper: Consumption, 'Credit Crunches' and Financial Deregulation (1996) 
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Persistent link: https://EconPapers.repec.org/RePEc:oxf:wpaper:99181
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