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Intergenerational Mobility and Credit

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NBER2024-01-01 更新2025-01-04 收录
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How did rising credit limits and falling bankruptcy costs from the 1970s to 2000s the so-called democratization of credit affect intergenerational mobility? We answer this question in two steps. First, we link parents credit reports to their childrens subsequent labor market outcomes. Using

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2024-01-01
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