Xu, Can; Jacobs, Jan; Haan, Jakob de - 2021
We examine the dynamic impact of household borrowing on the trade balance using data from 33 developing countries and … 36 developed countries over the 1980-2017 period. Our findings suggest that the impact of household borrowing on the … trade balance is by and large negative, both in the short and long run. We show that household borrowing’s adverse effects …