Essays about: "Rate-setting behavior"
Found 1 essay containing the words Rate-setting behavior.
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1. Bubble, bubble, credit trouble? The effect of EU membership on household loan rates
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : This paper examines what effect EU accession - officially joining the EU as a full member - has on the new member state's market for household credit. Low lending rates have a positive effect on consumer welfare by increasing disposable income, but can also contribute to economic disaster (notably the recent subprime and sovereign-debt crises). READ MORE
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