More than three-quarters of U.S. households bear consumer debt, yet we have little understanding of the relationship … between financial education and the debt behavior of U.S. consumers. In this paper, we study the effects of exposure to … financial training on debt outcomes in early adulthood. Identification comes from variation in financial literacy, economics …

Using credit report records and data collected from several household surveys, we analyze changes in household debt and … appears to reflect a considerable decline in household debt, as households paid down mortgage debt in particular. At the end … of 2009, individuals expected to continue increasing their saving and paying down of debt, which is consistent with what …

. Yet, despite its importance, educational debt is not well understood. Among the reasons is that there exist few central … analysis of the historical and current levels of student debt and how those loans are performing. We also briefly discuss the …

, we find that borrowers respond to greater protection by increasing their unsecured debt. Border county estimates suggest …. Increased protections did not reduce the aggregate level of household debt but affected the composition of borrowing. …

instruments to study international spillovers of prudential policy changes and their effects on bank lending growth. The … bank lending. Second, international spillovers vary across prudential instruments and are heterogeneous across banks. Bank …-specific factors like balance sheet conditions and business models drive the amplitude and direction of spillovers to lending growth …