types of debt and financial assets held conditional on holding the different types of debt and assets. The analysis suggests … amounts of both debt (unsecured and secured) and assets (property and non-housing), even after conditioning on the probability … the household balance sheet, i.e. liabilities and assets. Additionally, we allow the influence of social interaction on …

the determinants of household debt holding and to investigate whether or not credit constraints are important for … household debt holding. We extend the existing literature in important ways. First, we present comparative evidence for four … settings for debt incidence, debt outstanding and credit constraints. We also explore the implications for debt holding from …

We use information from the last wave of the Spanish Survey of Households Finance to study the influence of debt on the … smaller MPC than non-indebted households. This negative association increases along with the amount of debt. We also find a …

household assets and liabilities, income, and indicators of consumption and credit constraints. …

employed individuals, and (c) lagged debt variables to rule out problems of reverse causality. We apply different measures of … precarious debt situation). We find all debt measures to be strongly correlated with health satisfaction, mental health, and … obesity. Controlling for unobserved heterogeneity and reversed causality we find evidence that household debt also causally …

More than three-quarters of U.S. households bear consumer debt, yet we have little understanding of the relationship … between financial education and the debt behavior of U.S. consumers. In this paper, we study the effects of exposure to … financial training on debt outcomes in early adulthood. Identification comes from variation in financial literacy, economics …

. Yet, despite its importance, educational debt is not well understood. Among the reasons is that there exist few central … analysis of the historical and current levels of student debt and how those loans are performing. We also briefly discuss the …

Both student loans and household debt are at their peaks. This paper investigates how student loans causally impact … debt holdings of individuals in the medium-run using data from the National Longitudinal Survey of Youth 1997. To identify … the causal effect of student loans on future debt holdings, I instrument the amount of student loan debt with eligibility …

Purpose: Over the past a few decades, there has been an increasing body of research on debt and wellbeing. However …, research on the potential effect of various debt portfolios on family financial wellbeing is limited. The purpose of this study … is to fill this research gap by examining the potential effect of debt portfolios on family financial wellbeing, measured …