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pro vyhledávání: '"Kyle Herkenhoff"'
Publikováno v:
Journal of Political Economy.
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
Journal of Financial Economics. 141:345-371
We examine how consumer credit affects entrepreneurship by linking three million earnings and pass-through tax records to credit reports. In the cross-section, we show that self-employment without employees and employer firm ownership increase monoto
Publikováno v:
SSRN Electronic Journal.
Autor:
Kyle Herkenhoff
Publikováno v:
The Review of Economic Studies. 86:2605-2642
Unemployed households' access to unsecured revolving credit (credit cards) nearly quadrupled from about 12 percent to about 45 percent over the last three decades. This paper analyzes how this large increase in revolving credit has impacted the busin