Paz Pardo, Gonzalo; Sánchez-Santos, José Manuel - In: Economies : open access journal 2 (2014) 3, pp. 147-170
The aim of this paper is twofold. On the one hand, we attempt to find out whether Spanish households took part in a process of substituting loans for wages during the period before the beginning of the current economic crisis. On the other hand, we try to identify the consequences of such...
