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data from the Household Finance and Consumption Survey (HFCS), to identify pockets of risk in the Belgian mortgage market …
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While all segments of society have been impacted by the economic downturn of the past decade, some groups have suffered more than others. This research finds that Hispanic households were about twice as likely in 2010 to be seriously delinquent on debt payments as in 2004. During the same time...
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This study explores cross-country differences in debt market participation, level of household debt holding and over … Vietnam by decomposing differences into those attributable to household characteristics and those due to economic environments … extent of indebtedness. Our major findings are that differences in the economic environment are more important than household …
Persistent link: https://www.econbiz.de/10011905786
Using the propensity to engage in extra-marital activities as a proxy for sensation seeking behavior, we show that sensation-seeking households exhibit riskier economic behavior. They are more likely to obtain a home loan and, conditional upon borrowing, they choose larger loans. Banks are at...
Persistent link: https://www.econbiz.de/10012985420
In 2009, the Federal Reserve Board implemented a survey of families that participated in the 2007 Survey of Consumer Finances (SCF) to gain detailed information on the effects of the recent recession on all types of households. Using data from the 2007-09 SCF panel, we highlight the variation in...
Persistent link: https://www.econbiz.de/10013118478
hours, loss of sales and income of a household business, inability to travel to work, increased need to stay at home to look … after children or sick household members, higher prices and/or lack of availability of staple items, reduced access to …, the Philippines, Thailand, and Viet Nam. Our empirical results suggest that various household characteristics, including …
Persistent link: https://www.econbiz.de/10012490593