Credit Regimes and the Optimism Divide: How Borrowing Shapes Social Mobility Perceptions

• In Event: Moving on Up? Inequality, Democracy, and Redistribution

Brief Overview

We examine how credit regimes impact optimism about social mobility. By assessing permissiveness and regressiveness of credit markets, we find that equitable credit availability narrows optimism gaps between socioeconomic classes in OECD countries.

Authors

• Dihan Shi, Washington University in St Louis

• Guillermo Rosas, Washington University in St Louis