Why Credit Cards Played a Surprisingly Big Role in the Great Recession
Abstract: Lukasz Drozd examines the links between zero-APR credit card offers and the Great Recession’s persistent declines in employment and output.
File(s): File format is text/html https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/economic-insights/2021/q2/eiq221.pdf
Provider: Federal Reserve Bank of Philadelphia
Part of Series: Economic Insights
Publication Date: 2021-07-06