debt practices and financialization in contemporary societies. I draw on the literature to discuss that in the business of … debt, the winners are likely to be elite borrowers and powerful financial organizations; the losers are likely to be non …-elite borrowers who face various constraints as evidenced by their debt profile, have low power compared to financial organizations in …

particular, the interplay between government debt and private leverage is attracting increasing attention in the current context …

This study analyzes the effect of individual finances (specifically creditworthiness and severely delinquent debt) on … is utilized in an instrumental variables design. The possibility of the reverse causality of bad health causing debt and … 2005 residence. Worsening creditworthiness and increases in severely delinquent debt are found to lead to increases in …

unsustainable levels of debt. Using survey data from South Africa, we confirm that poor people are indeed overly optimistic, and … also that optimism is positively and significantly related to debt accumulation. …