An increase in credit, especially consumption can trigger aggregate demand growth above potential output which causes the economy to heat up. This study aims analyze effect of macroeconomic variables, such as interest rates, inflation, and gross domestic product (GDP), on for property credit Indonesia with period January 2011 – December 2018. The results show that short term, rate lag 1 2, infl...

We investigate the relationship between payday lenders, which offer small, short-term consumer loans, and traditional depository institutions using a national survey on the provision and pricing of checking account services. Somewhat surprisingly, we find that payday loan competition leads to higher prices for overdraft credit and bounced check transactions at traditional depositories. In addit...

Payment and settlement systems support financial transactions through credit, keep records of transactions by adjusting credit balances and require such balances to be periodically reset through settlement. We study the efficient design of financial trades when the payment system can monitor some transactions better than others and when liquidity provision in the form of settlement is costly. E...

Knowing which sector credit facilities can contribute to increasing economic growth in the long term Indonesia, is main objective of research. This research uses secondary data as quarterly from 2010Q1 2019Q4. Using VECM approach identify long-term effects, equipped with structural analysis determine response shocks well resulting contribution. Overall sectoral bank have a significant impact on...

This study evaluated the short-term links between different forms of household debt—credit card debt, student debt from relatives, mortgage car and arrears—and life satisfaction. To this end, a longitudinal dataset for US population Panel Study Income Dynamics (PSID) was used propensity score difference-in-differences approach applied. Credit loans negatively impacted satisfaction in short term...

We investigate how the retailer adjusts optimal ordering policy in the presence of cap-and-trade system and trade credit, and the corresponding changes of the retailer’s total costs and carbon footprint. Trade credit is one of the most used short-term financing tools. Our study shows that carbon emissions trading will shorten the ordering cycle for products that emit more carbon dioxide during ...

A factor model for short-term probabilities of default and other corporate exits is proposed for generating default correlations while permitting missing data. The factor model can then be used to produce portfolio credit risk profiles (default-rate and portfolio-loss distributions) by complementing an existing credit portfolio aggregation method with a novel simulationconvolution algorithm. We...

background: in some areas of ramsar, a city in northern iran, residents receive a much higher annual radiation exposure than is permitted for radiation workers. induction of adaptive response in residents of ramsar has been reported previously. in this study induction of such a response in short term exposure to high background levels of gamma radiation is investigated. materials and methods: f...