-shaped profile by age. Third, we show how credit card debt has evolved along the income distribution. Finally, we document a large … amount of heterogeneity in credit card interest rates across consumers. In the second part of the survey, we describe what … has by now become the workhorse model of consumer credit and default. We discuss a quantitative version of the model and …

One suggested hypothesis for the dramatic rise in household borrowing that preceded the financial crisis is that low …-income households increased their demand for credit to finance higher consumption expenditures in order to "keep up" with higherincome … households. Using household level data on debt accumulation during 2001-2012, we show that low-income households in high …

use of credit, at the individual and household level using representative pooled cross-section data drawn from the UK … between gambling and the use of credit is remarkably stable across household income. In addition to our household level … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the …

delinquency. Specifically, we utilize detailed information on all household liabilities, delinquencies, and credit scores from the … households affected by such programs. We analyze the impact of the Texas Enterprise Zone Program on household debt and … Federal Reserve Bank of New York Consumer Credit Panel/Equifax, a quarterly longitudinal 5% random sample of all individuals …

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 …

We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence …

between 2010 and 2014 in Belgium, using panel data from the two waves of the Household Finance and Consumption Survey. Unlike …

importance of regulation of credit distribution to avoid both entering into bankruptcy and re-filing for bankruptcy …

socioeconomic characteristics, housing traits, country-specific constant terms, and household unobserved heterogeneity. We attribute … part of this asymmetry to cross-country differences in the expansion of credit markets, which facilitate differential … access to liquidity. Household's reported distress is also affected by excess indebtedness relative to the debt load of …