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Volatility and growth: Credit constraints and the composition of investment
Growth Volatility Credit constraints
2015/7/21
How does uncertainty and credit constraints affect the cyclical composition of
investment and thereby volatility and growth? This paper addresses this question
within a model where firms engag...
The Neoclassical Growth Model with Heterogeneous Quasi-Geometric Consumers
neoclassical growth model time inconsistency quasi-geometric discounting hyperbolic discounting idiosyncratic shocks wealth inequality
2015/7/21
This paper investigates how the assumption of quasi-geometric (hyperbolic) discounting affects the distributional implications of the standard one-sector
neoclassical growth model with infinite...
FACTORS AFFECTING THE GROWTH OF BANK CREDIT CARD AND CHECK CREDIT
regulatory and economic determinants credit-card general credit restraint temporary aberrations
2011/8/22
The purpose of this study is to update previous studies ([1], [2], [3], [4], [5], [7], [8]) using new data where possible and updated data series to resolve open issues relating to the regulatory and ...