This paper develops a panel data econometric analysis in order to determine the main macroeconomic causes of household … indebtedness in the European Union countries from 1995 to 2019. During that time, household indebtedness reached unprecedented and … well interpreted by the mainstream economics, which advocates that household indebtedness is just an instrument to smooth …

household sector, especially the impacts on economic growth. We have gathered data for the time period 1995-2010 for the sample … household loans to the net disposable income is associated with about 30 basis point reduction in lagged economic growth. More …

government debt to GDP and the household debt to total household income. The estimation of the model is made feasible through the …

focused on the distinction between household and firm credits, and investigated whether these two types of credit had adverse …, whereas there was no significant impact of household credit on income inequality. We concluded that it was not the size of the …