Credit supply shocks and household consumption in Russia

Author:

Kolesnik D. P.1ORCID,Pestova A. A.2ORCID,Mamonov M. E.2ORCID

Affiliation:

1. MGIMO University

2. MGIMO University; CERGE-EI, Charles University

Publisher

NP Voprosy Ekonomiki

Subject

Economics and Econometrics,Finance

Reference16 articles.

1. Мамедли М., Синяков А. (2017). Потребительское кредитование в России: перспективы и риски на основе обследований финансов домашних хозяйств. Аналитическая записка. Банк России [Mamedli M., Sinyakov A. (2017). Consumer lending in Russia: prospects and risks on the basis of surveys of household finances Analiticheskaya Zapiska. Bank Rossii (In Russian).]

2. Altissimo, F., Georgiou, E., Sastre, T., Valderrama, M. T., Sterne, G., Stocker, M., Weth, M., Willman, A. (2005). Wealth and asset price effects on economic activity. ECB Occasional Paper 29.

3. Anderson E., Inoue A., Rossi B. (2016). Heterogeneous consumers and fiscal policy shocks // Journal of Money, Credit and Banking. 48(8), 1877-1888.

4. Christelis, D., Georgarakos, D., Jappelli, T., Pistaferri, L., van Rooij, M. (2019). Wealth shocks and MPC heterogeneity. NBER Working paper 25999.

5. Cloyne J., Ferreira C., Surico P. (2020). Monetary policy when households have debt: new evidence on the transmission mechanism // The Review of Economic Studies. 87(1), 102-129.

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