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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6943 |
DP6943 Segregation and the Quality of Government in a Cross-Section of Countries | |
Alberto Alesina; Ekaterina Zhuravskaya | |
发表日期 | 2008-08-23 |
出版年 | 2008 |
语种 | 英语 |
摘要 | This paper uses mortgage data to construct a measure of terms on which households access to external finance, and relates it to consumption at both the aggregate and cohort levels. The Household External Finance (HEF) index is based on the spread paid by risky borrowers in the mortgage market. There is evidence that the terms of access to external finance matter more for the consumption of young cohorts in U.K. data. Results are robust to a wide variety of specifications. |
主题 | Financial Economics |
关键词 | External finance Terms of access Household consumption Birth cohorts Pseudo panels |
URL | https://cepr.org/publications/dp6943 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535780 |
推荐引用方式 GB/T 7714 | Alberto Alesina,Ekaterina Zhuravskaya. DP6943 Segregation and the Quality of Government in a Cross-Section of Countries. 2008. |
条目包含的文件 | 条目无相关文件。 |
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