This paper examines the impact of income inequality on consumption-related household indebtedness at the household … level. Using the first wave of the Eurosystem Household Finance and Consumption Survey data, the analysis sheds light on …-related household indebtedness in a small sample of countries. We further employ a multilevel regression model to also take country …

This paper develops a panel data econometric analysis in order to determine the main macroeconomic causes of household … indebtedness in the European Union countries from 1995 to 2019. During that time, household indebtedness reached unprecedented and … well interpreted by the mainstream economics, which advocates that household indebtedness is just an instrument to smooth …

This paper explores the impact of income inequality on household indebtedness at the household level. Using the first … wave of the Eurosystem Household Finance and Consumption Survey data, the analysis sheds light on heterogeneous effects …

government debt to GDP and the household debt to total household income. The estimation of the model is made feasible through the …