The Micro and Macro of Consumer Credit

Speaker(s) Type Length Chair
Kurt Mitman Kyle Herkenhoff Caterina Mendicino Invited
Kurt Mitman

In this session we explore recent developments in research on consumer credit and how it impacts the macro economy. The papers presented focus on unsecured consumer credit and bankruptcy, and study the welfare implications of consumer credit regulation in addition to the positive aspects on macro aggregates.


(Listed in order of speakers above)

Consumer Bankruptcy as Aggregate Demand Management

Who bears the welfare costs of monopoly? The case of the credit card industry

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Tighter Credit and Consumer Bankruptcy Insurance

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