This study analyzes the effect of individual finances (specifically creditworthiness and severely delinquent debt) on … is utilized in an instrumental variables design. The possibility of the reverse causality of bad health causing debt and … 2005 residence. Worsening creditworthiness and increases in severely delinquent debt are found to lead to increases in …

This paper examines whether biased income expectations due to overconfidence lead to higher levels of debt-taking. In a … back their consumption after feedback. However, at the end of the experiment they remain with higher debt levels, which …

. Yet, despite its importance, educational debt is not well understood. Among the reasons is that there exist few central … analysis of the historical and current levels of student debt and how those loans are performing. We also briefly discuss the …

Both student loans and household debt are at their peaks. This paper investigates how student loans causally impact … debt holdings of individuals in the medium-run using data from the National Longitudinal Survey of Youth 1997. To identify … the causal effect of student loans on future debt holdings, I instrument the amount of student loan debt with eligibility …

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 …

This paper examines the effect of reduced self-control on debt-taking in a laboratory experiment. We manipulate self … that people with low self-control have more problems with the repayment of consumption debt, but this relationship is, in …

This paper examines whether biased income expectations due to overconfidence lead to higher levels of debt-taking. We …. Overconfident participants scale back their consumption after income feedback. However, they remain in higher debt at the end of the … prices of goods. Even though the expected income manipulation works less well in this experiment, debt-taking behavior is …

Purpose: Over the past a few decades, there has been an increasing body of research on debt and wellbeing. However …, research on the potential effect of various debt portfolios on family financial wellbeing is limited. The purpose of this study … is to fill this research gap by examining the potential effect of debt portfolios on family financial wellbeing, measured …

This article aims to expand existing empirical knowledge on the impact of debt level on profitability of companies. We … 2006. By using the generalized method of moments (GMM), we show that the debt affects negatively the profitability, not … small and medium-sized enterprises (SME). -- Debt ; GMM ; Panel data ; Profitability …

This paper explores the effect of inflation supply and demand shocks on government debt. It identifies the shocks using … regressions and local projections suggest that supply shocks lead to persistent increases in government debt, while demand shocks … result in long-lasting declines. Furthermore, high debt levels increase economic vulnerability, amplifying the impacts of …