). The HDC can order an immediate repayment or grant a debt suspension. Exploiting the random assignment of bankruptcy … filings to managers, we show that a debt suspension has a very significant and negative effect on the likelihood to re … the nature of their indebtedness. Our results imply that rather than focusing on a specific debt profile, above all a …

also related to their level of individual and/ or household debt. In contrast to a growing literature that links financial … higher debt burden are faster in getting a new job. Although it is difficult to make a cause and effect connection, our … debt of dislocated workers to move back into employment perhaps by accepting lower wages builds a faster economic recovery …

We use information from the last wave of the Spanish Survey of Households Finance to study the influence of debt on the … smaller MPC than non-indebted households. This negative association increases along with the amount of debt. We also find a …