Macroeconomic Expectations and Credit Card Spending

Macroeconomic Expectations and Credit Card Spending

How do macroeconomic expectations affect consumer decisions? This paper reports results from a natural field experiment with 2,872 credit card customers from a large commercial bank to answer this question. Participants of the experiment first comp...

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Bibliographic Details
Main Authors: Galashin, Mikhail, Kanz, Martin, Perez-Truglia, Ricardo
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
MACROECONOMIC EXPECTATION
EXPECTATIONS
EXCHANGE RATE
INFLATION
SPENDING
CONSUMPTION
CONSUMER CREDIT
BORROWING
DURABLES
TRADABLES
Online Access:http://documents.worldbank.org/curated/en/856051611603146325/Macroeconomic-Expectations-and-Credit-Card-Spending
http://hdl.handle.net/10986/35071

Internet

http://documents.worldbank.org/curated/en/856051611603146325/Macroeconomic-Expectations-and-Credit-Card-Spending
http://hdl.handle.net/10986/35071

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