Results 11 to 20 of about 18,977 (305)
Household Debt and Business Cycles Worldwide [PDF]
SSRN Electronic Journal, 2015 Abstract An increase in the household debt to GDP ratio predicts lower GDP growth and higher unemployment in the medium run for an unbalanced panel of 30 countries from 1960 to 2012. Low mortgage spreads are associated with an increase in the household debt to GDP ratio and a decline in subsequent GDP growth, highlighting the importance ...
Mian, Atif, Sufi, Amir, Verner, Emil
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Household Debt, Stock Market Participation, and Stock Market Returns: A Mediation Analysis [PDF]
, 2023 This thesis investigates whether increases in household debt increase stock market participation, and consequently decrease stock market returns. The three-way link is investigated across the immediate, short, and medium term, income groups, and the ...
Moalafi, C.
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The Rise of Household Debt in Global Economy and Türkiye
İstanbul İktisat Dergisi, 2023 This paper investigates the rise of household debt and its impact on class relations and the sustainability of capitalism. The analysis begins with a historical perspective on the factors contributing to household debt growth, such as declining wages ...
Murat Birdal, Serdar Acun, Parla Onuk
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Household Debt and Income Distribution [PDF]
Journal of Economic Issues, 2013 Our previous work argued that the official U.S. poverty definition is flawed because it ignores interest paid on household debt. When it was developed in the early 1960s, this was not a problem because U.S. households had little consumer debt. Today, most households have considerable consumer debt and are paying high interest rates on that debt.
Scott, Robert, Pressman, Steven
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Household Debt and Social Interactions [PDF]
SSRN Electronic Journal, 2012 Can concern with relative standing, which has been shown to influence consumption and labor supply, also increase borrowing and the likelihood of financial distress? We find that perceived peer income contributes to debt and the likelihood of financial distress among those who consider themselves poorer than their peers.
D. Georgarakos +2 more
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Trends in Household Debt and Credit [PDF]
SSRN Electronic Journal, 2019 Since the onset of the 2008 financial crisis, consumer financial and borrowing behavior, once considered a relatively quiet little corner of finance, has been of enormously increased interest to policymakers and researchers alike. Prior to the Great Recession, there was a historic run-up in household debt, driven primarily by housing debt, which ...
Haughwout, Andrew +4 more
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Household portfolios in Türkiye: Results from the household finance and consumption survey
Central Bank Review, 2023 This paper analyzes the distribution of household portfolios in Türkiye using a fresh data set, the Central Bank of the Republic of Türkiye – Household Finance and Consumption Survey.
Evren Ceritoğlu +3 more
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Import Competition and Household Debt [PDF]
The Journal of Finance, 2016 ABSTRACTWe analyze the effect of import competition on household balance sheets using individual data on consumer finances. We exploit variation in local industry exposure to foreign competition to study households' response to the income shock triggered by China's accession to the World Trade Organization.
Barrot, Jean-Noël +3 more
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Household Debt and Crises of Confidence [PDF]
SSRN Electronic Journal, 2015 zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Hintermaier, Thomas, Koeniger, Winfried
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Household Debt, Consumption and Inequality [PDF]
SSRN Electronic Journal, 2019 This papers examines the potential link between household credit shocks and income inequality at the national level. For a sample of 32 developed and developing countries, we show that aggregate consumption temporarily increases in the short run and decreases in the long run in the face of credit shocks, and that this dynamic response is larger in ...
Berrak Bahadir +2 more
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