countries in the distributions of various measures of debt conditional on household characteristics. We consider three different … outcomes: the probability of holding debt, the amount of debt held and, in the case of secured debt, the interest rate paid on … achieve these aims. We find that the patterns of secured and unsecured debt outcomes vary markedly across countries. Among all …

determinants of participation in the unsecured debt market and the amount borrowed. Probit models for participation are estimated … unsecured debt between 1995 and 2000 does not seem to be closely linked to changes in the determinants of debt market … the overall increase in unsecured debt is not explained by variables at the individual level, but is accounted for by …

This paper uses evidence from the British Household Panel Survey (BHPS) to examine how attitudes towards unsecured debt … causing debt problems are the unsecured debt income ratio, the level of mortgage income gearing, the level of financial wealth … of households, their health, ethnicity and marital status. While the proportion of households reporting debt problems did …

growth, the unemployment rate and the interest debt burden. We find that the increase in the unemployment rate was the main …