Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10011420478
Persistent link: https://www.econbiz.de/10011349814
Persistent link: https://www.econbiz.de/10010380068
Using a novel dataset for the US states, this paper examines whether household debt and the protracted debt deleveraging help explain the dismal performance of US consumption since 2007, in the aftermath of the housing bubble. By separating the concepts of deleveraging and debt overhang - a flow...
Persistent link: https://www.econbiz.de/10011408704
The balance sheet adjustment in the household sector was a prominent feature of the Great Recession that is widely believed to have held back the cyclical recovery of the US economy. A key question for the US outlook is therefore whether household deleveraging has ended or whether further...
Persistent link: https://www.econbiz.de/10013058652
Using a novel dataset for the US states, this paper examines whether household debt and the protracted debt deleveraging help explain the dismal performance of US consumption since 2007 in the aftermath of the housing bubble. By separating the concepts of deleveraging and debt overhang -- a flow...
Persistent link: https://www.econbiz.de/10013016939
Persistent link: https://www.econbiz.de/10012267622
Using a novel dataset for the US states, this paper examines whether household debt and the protracted debt deleveraging help explain the dismal performance of US consumption since 2007, in the aftermath of the housing bubble. By separating the concepts of deleveraging and debt overhang - a flow...
Persistent link: https://www.econbiz.de/10012267628