Lydon, Reamonn; McIndoe-Calder, Tara - 2017
Drawing on the 2013 Household Finance and Consumption Survey (HFCS) and complementary administrative data sources, we … simulate household balance sheets at the micro level for the 2005-14 period. We use this dataset to tell the story of household … - relative to older borrowers has played a major role in easing the debt repayment burden in the presence of large income shocks …
