Intertemporal Consumption and Credit Constraints: Does Total Expenditure Respond to an Exogenous Shock to Credit?

By Søren Leth-Petersen. 2010

173 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/3d51d01f9f9d535a7908193b03501f17767fb4bf

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Citations in the corpus

MPC Heterogeneity and Household Balance Sheets (2016, unknown): “All the above results indicate an association between liquidity and marginal propensities to consume and save, consistent both with previous empirical studies such as Misra and Surico (2014) and Leth-Petersen (2010), and most economic models.”
Managing Households' Expectations with Unconventional Policies (2020, unknown): “In terms of confounding factors, a housing-wealth channel might help explain households’ consumption plans in our context (Leth-Petersen (2010))., because the German homeowner subsidy was abolished in 2006.33 First, note that the homeownership rate is below 43% in Germany and house-price inflation…”
Housing Wealth and Consumption: A Micro Panel Study (2013, result): “Our finding is also consistent with the results in Leth-Petersen (2010) who investigates the response to the credit market reform and finds evidence in favour of constraints affecting some young house owners.”
Stock Market Returns and Consumption (2020, methodology): “Leth-Petersen (2010) uses Danish data (albeit at the aggregate portfolio level) to study the relation between increase in credit supply and household expenditure.”
Wealth Taxation and Wealth Accumulation: Theory and Evidence From Denmark* (2018, unknown): “Most assets and liabilities are reported by third parties to the Danish government, which makes the data very reliable (see Leth-Petersen 2010; Boserup, Kopczuk, and Kreiner 2014).”
The Role of Bequests in Shaping Wealth Inequality: Evidence from Danish Wealth Records (2016, unknown): “We follow Leth-Petersen (2010) and scale up registered housing values by the average ratio of actual house prices to assessed values for the houses sold in the period 2003–2013, which gives a scaling factor of 1.16. whose parent remains alive (control group) in the years before and after parental…”
Household Debt: Facts, Puzzles, Theories, and Policies (2015, unknown): “44 See also Leth-Petersen (2010) on Denmark, and Agarwal and Qian (2014) on Singapore. markets to produce too much debt.”