Credit Constraints in the Market for Consumer Durables: Evidence from Micro Data on Car Loans

By O. Attanasio, P. Goldberg, Ekaterini Kyriazidou. 2008

245 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/f4bcbb85b13eced5f7a36d9e5e160f657949c978

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Jonathan Zinman
2. J. Morduch
3. A. Defusco
4. A. Paciorek
5. M. Amir
6. M. Di
7. K. Ramcharan
8. Hisaki Kono

In Economics and Econometrics

1. J. Morduch
2. Jonathan Zinman
3. A. Defusco
4. A. Paciorek
5. M. Amir
6. M. Di
7. K. Ramcharan
8. Rajeev Dehejia

In Finance

1. J. Morduch
2. A. Paciorek
3. M. Amir
4. Rajeev Dehejia
5. M. Di
6. K. Ramcharan
7. Matteo Iacoviello
8. Jonathan Zinman

Citations in the corpus

• Do Interest Rates Matter? Credit Demand in the Dhaka Slums (2012, background): “Related papers include estimates of price sensitivity by Alessie et al. (2005) in a study of consumer lending in Italy, and by Attanasio et al. (2007) on U.S. car loans.”
• Monetary Policy Pass-Through: Household Consumption and Voluntary Deleveraging (2014, background): “For an analysis of the role played by credit constraints in the auto loan market see Attanasio et al. (2008).”
• Do borrowers know their mortgage terms? (2008, unknown): “less income and education and minority borrowers (Jappelli, 1990; Attanasio et al., 2008; Johnson and Li, 2008)—are also those more likely to have lower levels of financial literacy.”
• Group versus individual liability: Short and long term evidence from Philippine microcredit lending groups (2014, unknown): “Although evidence on interest rate elasticities is scant, the existing evidence suggests elasticities that are sizeable (O. Attanasio, Goldberg, and Kyriazidou 2008; Karlan and Zinman 2008; Karlan and Zinman 2013).”
• The interest rate elasticity of mortgage demand: Evidence from bunching at the conforming loan limit (2017, background): “While the rate itself is the correct theoretical cost of borrowing, it is likely that many borrowers use the monthly payment to compare different loans or to compare owning to the monthly cost of renting (Attanasio et al., 2008).”
• House prices, borrowing constraints and monetary policy in the business cycle (2005, background): “So amplification continues to hold despite (1) the mild effect of the downturn on the lenders; (2) the accommodative behaviour of the central bank, that now mitigates the fall in output by reducing the nominal rate more quickly after the initial increase.”
• WHY IS THE TAKE‐UP OF MICROINSURANCE SO LOW? EVIDENCE FROM A HEALTH INSURANCE SCHEME IN INDIA (2010, background): “Thus when E[v(LA)] = E[v(LB)], we have: 1 Attanasio et al. (2008) note that there are two notions of credit constrainedness, strong and weak.”
• Household Debt: Facts, Puzzles, Theories, and Policies (2015, background): “Attanasio et al (2008) find a similar lack of price sensitivity in auto loans.”
• The Consumption Response to Predictable Changes in Discretionary Income: Evidence from the Repayment of Vehicle Loans (2008, unknown): “Attanasio et al. find empirical evidence consistent with these predictions. Thus, one would expect constrained households to be more likely to obtain loans with longer maturities. Table 6 presents the results of the borrowing-constraint analysis. The top panel of the table divides consumer units int”