and informal borrowing and the proportion of formal debt under different credit constraints. Data from the 2018 China … structure vary with the level of credit constraints, underscoring the complexity of household financial behaviors in China …Household debt is a critical component of family financial management, especially considering the prevalence of credit …

This paper studies the role of credit constraints in accounting for the dynamics of firm exit during the Great … Recession. We present novel firm-level evidence on the role of credit constraints on exit behavior during the Great Recession …