.S. household leverage from 2002 to 2006 and the increase in defaults from 2006 to 2008. Employing land topology-based housing …

increase in home equity by existing homeowners is responsible for a significant fraction of both the rise in U.S. household … 2008. Our conservative estimates suggest that home equity-based borrowing added $1.25 trillion in household debt, and …

across states shows that the rise in top income shares can explain almost all of the accumulation of household debt held as a … financial asset by the household sector. Since the Great Recession, the saving glut of the rich has been financing government …

previous economic downturns in other countries, the Brazilian recession was preceded by a substantial increase in household … debt from 2003 to 2014. This study utilizes a novel individual level data set on household borrowing in order to provide … details of the household debt boom. The data set allows for a decomposition of the rise in household debt by the type of debt …

previous economic downturns in other countries, the Brazilian recession was preceded by a substantial increase in household … debt from 2003 to 2014. This study utilizes a novel individual level data set on household borrowing in order to provide … details of the household debt boom. The data set allows for a decomposition of the rise in household debt by the type of debt …

household net worth coming from elevated household debt and the collapse in house prices play an underappreciated role. Using … highlight the increasing body of macroeconomic evidence on the link between household debt and business cycles. Our main … conclusion is that housing and household debt should play a larger role in models exploring the importance of household …

During the first decade of the 21st century, the United States witnessed a dramatic rise in household debt followed by … productivity was the shock that initiated the household debt boom and bust. The credit supply view is supported by four facts … in aggregate household debt. Fourth, the default crisis was driven mainly by lower credit score individuals. The view …

During the first decade of the 21st century, the United States witnessed a dramatic rise in household debt followed by … productivity was the shock that initiated the household debt boom and bust. The credit supply view is supported by four facts … in aggregate household debt. Fourth, the default crisis was driven mainly by lower credit score individuals. The view …

previous economic downturns in other countries, the Brazilian recession was preceded by a substantial increase in household … debt from 2003 to 2014. This study utilizes a novel individual level data set on household borrowing in order to provide … details of the household debt boom. The data set allows for a decomposition of the rise in household debt by the type of debt …