Hojman, Daniel; Miranda, Alvaro; Ruiz-Tagle, Jaime - Departamento de Economía, Facultad de Economía y Negocios - 2013
In the last decades, consumer debt experienced a marked increase in the United States, Latin America and other emerging countries, spurring a debate about the real costs and benefits of household credit. This paper explores the psychological costs of over indebtedness. Using a unique dataset...