Shale Shocked: Cash Windfalls and Household Debt Repayment
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https://www.nber.org/papers/w27782
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资源简介：
How do persistent cash flow shocks affect debt repayment across the distribution of households? Using individual data on natural gas shale royalty payments matched with credit bureau data for 215,639 consumers, we estimate that individuals repay 33 cents of debt per dollar of windfall, and that
提供机构：
美国国家经济研究局
创建时间：
2020-09-01
