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, especially for Europe, little is known about whether and how the Great Financial Crisis (GFC) affected the diversity of private …
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The recession that started in December 2007 was longer than any since the Great Depression of the 1930s. Household …
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Using credit report records and data collected from several household surveys, we analyze changes in household debt and … appears to reflect a considerable decline in household debt, as households paid down mortgage debt in particular. At the end … to become harder to obtain during 2010. -- household debt and saving ; 2007 recession ; credit access ; mortgage debt …
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household debt, (1) installment loan debt and (2) credit card debt. Results of a Heckman selection model indicate that …
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The aim of this paper is to assess the role played by the composition of the household portfolio besides standard …-2008 Bank of Italy Survey on Household Income and Wealth (SHIW) and we perform a probit analysis to investigate the main …
Persistent link: https://www.econbiz.de/10013113986
In this paper we investigate household financial fragility and assess the role played by the composition of the … household portfolio besides standard determinants of this condition (e.g. income, indebtedness, age, gender, financial literacy … fragility. Second, based on this new measure, we use data from the 1998-2010 Bank of Italy Survey on Household Income and Wealth …
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effect of wealth shocks on household consumption and individual expectations of the future. Many household experienced a …
Persistent link: https://www.econbiz.de/10009526546