This paper studies the secular increase in U.S. household debt and its relation to growing income inequality and … financial fragility. We exploit a new household-level dataset that covers the joint distributions of debt, income, and wealth in … income growth played a central role in rising indebtedness. Debt-to-income ratios have risen most dramatically for households …

This paper studies the secular increase in U.S. household debt and its relation to growing income inequality and … financial fragility. We exploit a new household-level dataset that covers the joint distributions of debt, income, and wealth in … income growth played a central role in rising indebtedness. Debt-to-income ratios have risen most dramatically for households …

This paper studies the secular increase in U.S. household debt and its relation to growing income inequality and … financial fragility. We exploit a new household-level data set that covers the joint distributions of debt, income, and wealth … low income growth played a central role in rising indebtedness. Debt-to-income ratios have risen most dramatically for …

This paper studies the secular increase in U.S. household debt and its relation to growing income inequality and … financial fragility. We exploit a new household-level data set that covers the joint distributions of debt, income, and wealth … low income growth played a central role in rising indebtedness. Debt-to-income ratios have risen most dramatically for …

This paper studies the secular increase in U.S. household debt and its relation to growing income inequality and … financial fragility. We exploit a new household-level dataset that covers the joint distributions of debt, income, and wealth in … income growth played a central role in rising indebtedness. Debt-to-income ratios have risen most dramatically for households …

This paper studies the secular increase in U.S. household debt and its relation to growing income inequality and … financial fragility. We exploit a new household-level dataset that covers the joint distributions of debt, income, and wealth in … income growth played a central role in rising indebtedness. Debt-to-income ratios have risen most dramatically for households …