New answers tagged credit
0
I did some quick research online and think I understand better. My basic understanding is that credit market imperfections restrict a consumer's capacity to borrow or to lend, thus his or her saving ceases to be a "neutral"/"fully" endogenous variable. (Rather than being a means to an end--maximize lifetime wealth--it becomes more and ...
Top 50 recent answers are included
Related Tags
credit × 29banking × 6
macroeconomics × 4
interest-rate × 4
economic-growth × 3
money-supply × 3
data-request × 2
investment × 2
debt × 2
bonds × 2
saving × 2
inflation × 1
gdp × 1
international-trade × 1
finance × 1
monetary-policy × 1
regression × 1
money × 1
time-series × 1
central-banking × 1
markets × 1
unemployment × 1
financial-markets × 1
political-economy × 1
value × 1