Ben Heath

English 2010
Credit Our New Identity: An Annotated Bibliography

CETORELLI, NICOLA. "Surviving Credit Market Competition." Economic Inquiry 52.1

(2014): 320-340. Academic Search Premier. Web. 6 July 2015.
This paper was authored by Nicola Cetorelli, who is an Assistant Vice
President in the Financial Intermediation Function at the Federal Reserve Bank of
New York. His paper is well written and cited for his research and on the face seems
credible though his papers point of view is the first of its kind.
Nicola contends that business firms access to credit is directly related to its
ability to conduct business, grow and most importantly its lifespan. Credit reform
has a direct impact on the supply side of supply and demand economics. He says,
This evidence is consistent with the credit reformand its changes in credit supply
having an impact on the demand side as well, with important changes in the
population of those who aspire to becoming an entrepreneur.

ROJAS BREU, MARIANA. "The Welfare Effect Of Access To Credit." Economic Inquiry
51.1 (2013): 235-247. Academic Search Premier. Web. 6 July 2015.
The Author of this paper is Mariana Rojas Breu who currently is an Associate
Professor at the University of Paris Dauphine. She has authored several research
papers and opinions on the topic of finance, and credit and seems to be an expert
on facets of finance.
This paper shows that the increased access to credit or borrowed money to
the welfare recipients has had a small detrimental effect since 1990 rather than a
positive one. The access to credit, though allowing small participation in the
consumer market has had an overall worsening effect due to the fact that they
access to credit is limited causing inflation. She says specifically, However, the
analysis presented suggests that, if agents were able to resort to credit more
frequently, then the negative effect described might become less important and the
improvements that increase the proportion of transactions settled using credit
might actually be welfare improving. When access to credit is broadened
sufficiently, the cost of inflation is more likely to be effectively reduced.
This paper allows me to look at how limiting credit files to those that are in a
lower financial class does not solve problems it in fact causes more problems.

Dwyer, Peter, and Sharon Wright. "Universal Credit, Ubiquitous Conditionality And Its
Implications For Social Citizenship." Journal Of Poverty & Social Justice 22.1 (2014):
27-35. Academic Search Premier. Web. 6 July 2015.
This paper is co-authored by Peter Dwyer and Sharon Wright. Dwyer is a
Professor of Social Policy and Head of Research at the University of York. Wright is
also a researcher at the University of York. Both have been previously published and
are surely credible.
This paper speaks to the United Kingdoms Universal Credit program which
require welfare individuals to work for access to the system in return they will have
limited access to credit options and be able to use that to make personal financial
decisions. In doing so the hope is that individuals are able to work their way out of
the system of welfare. They say, Conditionality has long been seen by some as an
appropriate tool for tackling a form of narrowly defined so-called welfare
dependency linked to non-employment and reliance on out of work benefits. Its
intensification and extension within Universal
Credit in order to help people along a journey toward financial independence from
the state (DWP, 2010b, 31) sees this definition of welfare dependency expanded
to now include employed low paid workers (and their partners) who are in receipt of
in work benefits and credits (Lister and Bennett, 2010).
This research will help me understand the limited access to credit that those
who are with in the welfare system have.
Bales, Katie. "Universal Credit: Not So Universal? Deconstructing The Impact Of The
Asylum Support System." Journal Of Social Welfare & Family Law 35.4 (2013): 427443. Academic Search Premier. Web. 6 July 2015.
This paper speaks to the growing problem of those seeking asylum in the
United Kingdom and instead of them being helped to improve their social and
economic situation they are living in abject poverty. One reason is there exclusion
from the credit system that would allow them easier access to employment and
borrowing money to better their circumstances. Katie Bales states in the paper Yet,
unlike qualifying citizens, the systematic poverty of asylum seekers appears to be a
desired effect of the support system. Whereas Universal Credit aims to alleviate
poverty, Section 95 support aims to create onerous conditions of living, which
translates in practice as living below the poverty line, hunger, inadequate clothing,
isolation and depression.
This paper was published in the Journal of Social Welfare & Family Law. It was
authored by Katie Bales who is part of the faculty of Business and Law at
Northumbria University and based on her research and her position seems credible.
This paper has a place in my paper as it speaks to the trouble individuals
have when denied access or have difficulty accessing good credit.

Deville, Joe, and Gregory J Seigworth. "Everyday Debt And Credit." Cultural Studies
29.5/6 (2015): 615-629. Academic Search Premier. Web. 6 July 2015.