A Model of Money and Credit, with Application to the Credit Card Debt Puzzle

DOI10.1111/j.1467-937X.2008.00487.xzbMath1138.91557OpenAlexW3020826858MaRDI QIDQ3502159

Irina A. Telyukova, Randall Wright

Publication date: 22 May 2008

Published in: Review of Economic Studies (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/j.1467-937x.2008.00487.x

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Related Items (11)

Money and credit as means of payment: a new monetarist approach ⋮ Financial frictions, the housing market, and unemployment ⋮ Optimal monetary interventions in credit markets ⋮ Measuring high-frequency income risk from low-frequency data ⋮ CORPORATE CASH HOLDINGS AND CREDIT LINE USAGE ⋮ Outside versus inside bonds: a Modigliani-Miller type result for liquidity constrained economies ⋮ A dynamic model of unsecured credit ⋮ The (un-)importance of Chapter 7 wealth exemption levels ⋮ Quantitative easing and the loan to collateral value ratio ⋮ A model of debit card as a means of payment ⋮ Limited monitoring and the essentiality of money

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