Purpose: Over the past a few decades, there has been an increasing body of research on debt and wellbeing. However, research on the potential effect of various debt portfolios on family financial wellbeing is limited. The purpose of this study is to fill this research gap by examining the...

This paper explains why domestic debt composition in emerging economies is risky. It carries out an analysis of the determinants of 'domestic' original sin, which refers to the inability of emerging economies to borrow domestically in local currency, at long maturities and fixed interest rates....

We use information from the last wave of the Spanish Survey of Households Finance to study the influence of debt on the self-reported Marginal Propensity to Consume (MPC). The MPC is 43 per cent on average, but indebted households have a smaller MPC than non-indebted households. This negative...

Klappentext: Die Bewunderung für den schnellen Aufstieg Chinas innerhalb der globalen Wirtschaftsordnung weicht in westlichen Ländern zunehmend der Sorge vor einer autoritären Weltmacht. Heribert Dieter zeigt, wie China die Rolle der "Werkbank" überwunden hat und zunehmend...

"Examines the relationship between rhetoric and debt, arguing that they are fundamentally entangled in producing and disciplining who is deemed worthy of credit and how debt materializes differentially: as a credit to some and condemnation of others."