Inequality, Consumer Credit and the Saving Puzzle

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Edward Elgar Publishing, Jan 1, 2008 - Business & Economics - 198 pages
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. . . provides an excellent example of economic analysis using atypical analytical approaches. . . the book is very accessible, especially to readers with some grounding in economics. Mathematical models and empirical evidence are appropriately used and t
 

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Contents

1 Consumer credit and effective demand
1
2 The household debt surge and the theory of habit selection
39
3 A brief history of innovation in the consumer credit industry
63
a closer examination
85
5 Macroeconomic aspects of consumer credit dependence
105
an empirical analysis
129
7 Consumerism inequality and globalization
149
8 Final remarks
171
Index
175
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