Similar Search Results

Consumption in the Great Recession : the financial distress channel

Athreya, Kartik B.; Mather, Ryan; Mustre-del-Río, José; … - 2019

During the Great Recession, the collapse of consumption across the U.S. varied greatly but systematically with house-price declines. We find that financial distress among U.S. households amplified the sensitivity of consumption to house-price shocks. We uncover two essential facts: (1) the...

Persistent link: https://www.econbiz.de/10012137091

Consumer bankruptcy, mortgage default and labour supply

Li, Wenli; Meghir, Costas; Oswald, Florian - 2022

individuals may file for bankruptcy or default on their mortgage. Uncertainty in the model is driven by house price shocks …

Persistent link: https://www.econbiz.de/10013167646

Financialisation of the Maltese household? : household debt dynamics, the mortgage market, and housing in Malta

Cassar, Dylan - 2023

the Maltese islands, primarily via the mortgage market. This process is characterised by (i) financial extension, in which … more households partake in mortgage finance in their entry to homeownership, and (ii) financial intensity, in which … households accumulate more debt in accessing the property market. In explaining this process, I claim, firstly, that mortgage …

Persistent link: https://www.econbiz.de/10014427487

Debt relief or debt restructuring? : evidence from an experiment with distressed credit card borrowers

Dobbie, Will; Song, Jae - 2016

Persistent link: https://www.econbiz.de/10011546487

Bad credit, no problem? : credit and labor market consequences of bad credit reports

Dobbie, Will; Goldsmith-Pinkham, Paul; Mahoney, Neale; … - 2016

Persistent link: https://www.econbiz.de/10011546546

Student loans and repayment : theory, evidence and policy

Lochner, Lance; Monge-Naranjo, Alexander - 2014

Persistent link: https://www.econbiz.de/10010423519

The persistence of financial distress

Athreya, Kartik B.; Mustre-del-Río, José; Sanchez, Juan M. - 2017

Using recently available proprietary panel data, we show that while many (35%) US consumers experience financial distress at some point in the life cycle, most of the events of financial distress are primarily concentrated in a much smaller proportion of consumers in persistent trouble. Roughly...

Persistent link: https://www.econbiz.de/10011782663

The IT revolution and the unsecured credit market

Sanchez, Juan M. - 2010

Persistent link: https://www.econbiz.de/10008651044

Debt portfolios

Hintermaier, Thomas; Koeniger, Winfried - 2009

We provide a model with endogenous portfolios of secured and unsecured household debt. Secured debt is collateralized by durables whereas unsecured debt can be discharged in bankruptcy procedures. We show that the model matches the main quantitative characteristics of observed wealth and debt...

Persistent link: https://www.econbiz.de/10003850601

Do casinos export bankruptcy?

Garrett, Thomas Andrew (contributor); … - 2005

Persistent link: https://www.econbiz.de/10003172774

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