As a new migration crisis is unfolding in Europe because of the war in Ukraine, the purpose
of this paper is to also highlight the ongoing migration crisis in Latin America and the …

It is widely perceived that credit supply conditions faced by UK consumers, particularly in
the mortgage market, have been liberalised since the late 1970s, with implications for the …

‘Consumer expenditure accounts for between 50% and 70% of spending in most economies.
Not surprisingly, the consumption function has been the most studied of the aggregate …

… We are grateful to Geoffrey Williams for providing us with the data and TSP progammes
for … and Williams’s results completely when we use their data, even though Williams kindly …

It is widely perceived that credit supply conditions faced by UK consumers, particularly in
the mortgage market, have been liberalised since the late 1970s, with implications for the …

Abstract Changes in credit market architecture are an important but unobservable structural
influence on economic activity. For Australian data, we model non-price credit supply …

1This handbook results from collaboration with many of our colleages over several years.
Without their input, help and advice it would be a much poorer document. In particular we …

The recovery in GDP growth since the global financial crisis has been halting and weak.
Concern is widespread that countercyclical policies have run out of space or lack the power to …

A stable, long run consumption equation is estimated for Australia using quarterly data from
1977(2) to 2008(2). The model incorporates non-property income, income expectations, …

… We would also like to thank Emilio Fernández-Corugedo (Bank of England), who kindly
shared with us the series he has constructed of the Credit Condition Index and Juan Gabriel …