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We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence …
Persistent link: https://www.econbiz.de/10013013592
this paper, we adopt a global cointegration approach recently proposed by Bienstock and Felsenstein (2010) to account for …
Persistent link: https://www.econbiz.de/10013009494
characterized by market differences in earnings between the North and the South. Based on a panel cointegration approach we exploit …
Persistent link: https://www.econbiz.de/10013155558
COVID-19 is likely to have a large impact on the welfare of Tunisian households. First, some individuals might be more vulnerable to contracting the disease because their living conditions or jobs make them more susceptible to meeting others or practicing social distancing. Lack of adequate...
Persistent link: https://www.econbiz.de/10013314728
households affected by such programs. We analyze the impact of the Texas Enterprise Zone Program on household debt and … delinquency. Specifically, we utilize detailed information on all household liabilities, delinquencies, and credit scores from the …
Persistent link: https://www.econbiz.de/10013001345
Household debt among older Americans approaching retirement has increased dramatically over the past couple of decades … household survey data to examine how late life debt affects retirement decisions, we find that more indebted older adults are …
Persistent link: https://www.econbiz.de/10012835192
between 2010 and 2014 in Belgium, using panel data from the two waves of the Household Finance and Consumption Survey. Unlike …
Persistent link: https://www.econbiz.de/10013238650
When facing financial distress, French households can file a case to a "households' over-indebtedness commission" (HDC). 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...
Persistent link: https://www.econbiz.de/10012946593
socioeconomic characteristics, housing traits, country-specific constant terms, and household unobserved heterogeneity. We attribute … access to liquidity. Household's reported distress is also affected by excess indebtedness relative to the debt load of …
Persistent link: https://www.econbiz.de/10013149816
panel data set for Serbia, this paper combines both of these issues. Estimation of gross transition probabilities reveals …
Persistent link: https://www.econbiz.de/10013117835