Bednarzik, Robert W.; Kern, Andreas; Hisnanick, John J. - 2017
. States, since the Great Depression in the late 1920s and 1930s. This most recent financial crisis has been characterized by … massive layoffs and displacement. Given the depth of the recent 'great' recession and its links to the finance and housing … findings are pointing to a systematic relationship between household indebtedness and labor market behavior. The impetus of …