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What drives consumer debt dynamics?

Authors :
Knotek, II, Edward S.
Braxton, John Carter
Source :
Economic Review (Kansas City). September 22, 2012, Vol. 97 Issue 4, p31, 24 p.
Publication Year :
2012

Abstract

Monetary policy influences household spending through various channels. For example, low interest rates support higher asset prices, increasing households' wealth and producing more spending through the wealth effect. In addition, [...]

Details

Language :
English
ISSN :
01612387
Volume :
97
Issue :
4
Database :
Gale General OneFile
Journal :
Economic Review (Kansas City)
Publication Type :
Periodical
Accession number :
edsgcl.321681826