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Rising debt can threaten macroeconomic, financial, and fiscal stability, and thus fuels uncertainty among economic agents. Therefore, high levels of indebtedness may hinder economic growth especially for those economies with a large debt burden and may also amplify the volatility of GDP growth...
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The article presents the outcomes of dynamic, cross-section analysis of the differences in the level and structure of household indebtedness in EU countries and the range of problems with debt service between 2005 and 2009. Statistical data from of the EU Commission, obtained in the periodic...
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In the present paper it will be pointed out with a panel data econometric model that there is a trade-off between government debt to GDP and the household debt to total household income. The estimation of the model is made feasible through the Eviews software package. This finding can be of use...
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