. Supply-side drivers, valuation, household debt, and financial conditions jointly play a key role in forecasting house price …-level data, we identify households vulnerable to potential housing shocks and assess the riskiness of household debt …

A number of economists argue that household deleveraging can exert a significant drag on the economic recovery by … household saving rates and changes in debt-to-income ratios. This relationship is however asymmetric, being statistically and … adjustment in saving rates associated with household deleveraging may widely differ across countries and may be overestimated for …

Historically high household debt in several economies is calling for a deleveraging, but according to some economists …, this paper finds evidence of a negative relationship between changes of household debt-to-income ratios and saving rates … suggest that the economic cost associated with household deleveraging may be overestimated and motivate a deleveraging via …

This paper investigates responses of household debt to COVID-19 related data like confirmed cases and confirmed deaths … marginal likelihood criterion and we estimate the GVAR with MCMC techniques. Results reveal that household debt positively …, vaccinations and testing appear to negatively affect household debt. Lockdown measures such as stay-at-home advice, and closing …

Household debt has risen markedly since the turn of the century and stands at a historically high level in most OECD … countries. This paper offers an overview of developments in household debt over the past decades across a large sample of OECD … household debt for households, the financial system and the wider economy. Finally, it describes the challenges faced by …