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External Monetary Policy Committee Unit, Bank of England >
External MPC Unit Discussion Papers, Bank of England >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/50649
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Besley, Timothy | | en_US |
| dc.contributor.author | | Meads, Neil | | en_US |
| dc.contributor.author | | Surico, Paolo | | en_US |
| dc.date.accessioned | | 2011-10-24T07:51:10Z | | - |
| dc.date.available | | 2011-10-24T07:51:10Z | | - |
| dc.date.issued | | 2008 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/50649 | | - |
| dc.description.abstract | | 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 UK data. Results are robust to a wide variety of specifications. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Bank of England, Monetary Policy Committee London | | en_US |
| dc.relation.ispartofseries | | External MPC unit discussion paper 25 | | en_US |
| dc.subject.jel | | D10 | | en_US |
| dc.subject.jel | | E21 | | en_US |
| dc.subject.jel | | G21 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | external finance | | en_US |
| dc.subject.keyword | | terms of access | | en_US |
| dc.subject.keyword | | household consumption | | en_US |
| dc.subject.keyword | | birth cohorts | | en_US |
| dc.subject.keyword | | pseudo panels | | en_US |
| dc.subject.stw | | Privater Haushalt | | en_US |
| dc.subject.stw | | Haushaltsökonomik | | en_US |
| dc.subject.stw | | Schulden | | en_US |
| dc.subject.stw | | Hypothek | | en_US |
| dc.subject.stw | | Risikopräferenz | | en_US |
| dc.subject.stw | | Konsumentenverhalten | | en_US |
| dc.subject.stw | | Großbritannien | | en_US |
| dc.title | | Household external finance and consumption | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 584365268 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | External MPC Unit Discussion Papers, Bank of England
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