States is evaluated. For this purpose aggregated data and micro household data are used. The findings show a mixed picture …

between household debt levels, financial stability risks, and the ongoing implications of the 'debt overhang' for economic … growth. However, accurately measuring the household debt burden remains problematic. Aggregate measures of household … indebtedness (e.g. household liabilities relative to income) fail to fully capture the debt servicing burdens of households …

Household credit, especially for mortgages, has doubled over the past years in the new European Union member countries …, raising concerns about the economic and social consequences of household indebtedness in the event of a macroeconomic crisis …. Using household survey data for 2005, 2006, and 2007 for both old and new European Union members, this paper assesses the …

population. In a model of household borrowing with credit constraints and endogenous house prices, we show that less constrained … level data on the universe of household credit in Belgium to document a shift in the distribution of debt over age, with … constrained, do not contribute to the rise in household debt. To identify the elasticity of household debt to the interest rate …

We study whether the level of household indebtedness is related to the interest rate elasticity of private consumption … even as the household sector's debt-to-income ratio has almost doubled in the past 20 years. Estimates based on the … household-level Finnish Wealth Survey suggest that the share of liquidity-constrained households has declined over the same time …

macroeconomic indicators as well as on data drawn from the Bank of Italy's Survey of Household Income and Wealth from 1984 to 2004 … most other countries in terms of saving. We then examine with microeconomic data four indicators of household financial …

One suggested hypothesis for the dramatic rise in household borrowing that preceded the financial crisis is that low … households. Using household level data on debt accumulation during 2001-2012, we show that low-income households in high …