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 …

cross-border ownership of productive assets), the credit channel (interstate or cross-country bank lending), and the fiscal …

62,000 households. The report presents results on household assets and liabilities, income, and indicators of consumption …

Using credit report records and data collected from several household surveys, we analyze changes in household debt and … appears to reflect a considerable decline in household debt, as households paid down mortgage debt in particular. At the end … of 2009, individuals expected to continue increasing their saving and paying down of debt, which is consistent with what …