Du Caju, Philip; Rycx, François; Tojerow, Ilan - 2016
We study how unemployment effects the over-indebtedness of households using the new European Household Finance and … determine the likelihood of over-indebtedness. We explore these relationships both at the Euro area level and through country … different over-indebtedness indicators and specifications. Interestingly, we find similar results for secured debt only. Turning …