Consumer Loan Response to Permanent Labor Income Shocks: Evidence from a Major Minimum Wage Increase
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- Guney, Ibrahim Ethem & Hacihasanoglu, Yavuz Selim & Tumen, Semih, 2017. "Consumer Loan Response to Permanent Labor Income Shocks: Evidence from a Major Minimum Wage Increase," IZA Discussion Papers 10751, Institute of Labor Economics (IZA).
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More about this item
Keywords
Consumer loans; labor income shocks; minimum wages; triple difference;All these keywords.
JEL classification:
- D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ARA-2017-04-23 (MENA - Middle East and North Africa)
- NEP-LMA-2017-04-23 (Labor Markets - Supply, Demand, and Wages)
- NEP-MAC-2017-04-23 (Macroeconomics)
- NEP-URE-2017-04-23 (Urban and Real Estate Economics)
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