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This paper analyses the dynamics of personal insolvencies in Germany and the UK, focusing on the recent recession … different approaches to deal with overindebted individuals. In Germany unfortunate households who file on their debt are … Germany, i.e. after an external shock it takes longer for insolvencies to return to their previous level in the UK. In both …
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luxury goods. Moreover, uncertainty reduces household propensity to invest in mutual funds. These results support the notion … that macroeconomic uncertainty can impact household decisions and have large negative effects on economic outcomes …
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luxury goods. Moreover, uncertainty reduces household propensity to invest in mutual funds. These results support the notion … that macroeconomic uncertainty can impact household decisions and have large negative effects on economic outcomes …
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luxury goods. Moreover, uncertainty reduces household propensity to invest in mutual funds. These results support the notion … that macroeconomic uncertainty can impact household decisions and have large negative effects on economic outcomes …
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