Historically high household debt in several economies is calling for a deleveraging, but according to some economists …, this paper finds evidence of a negative relationship between changes of household debt-to-income ratios and saving rates … significantly related in some economies, but the relationship is driven by consumer credit, not by mortgages. Results therefore …

We use individual level credit bureau data to document which individuals saw the biggest rise in household debt from … household debt was strongest among individuals in the 20th to 60th percentile of the initial credit score distribution … 2000 to 2007 and the biggest rise in defaults from 2007 to 2010. Growth in household debt from 2000 to 2007 was …

We use individual level credit bureau data to document which individuals saw the biggest rise in household debt from … household debt was strongest among individuals in the 20th to 60th percentile of the initial credit score distribution … 2000 to 2007 and the biggest rise in defaults from 2007 to 2010. Growth in household debt from 2000 to 2007 was …

attitudes toward credit may influence individuals' debt financing decisions. This paper investigates the importance of these … factors by analysing the results of an original survey about the recourse to consumer credit, conducted on a wide sample of … recourse to consumer credit? Are there any differences in psychological profiles of credit users and non-users that can be …

I use credit/GDP ratio to construct stylized credit cycles at global and regional levels over 1980-2010. Their average … duration is between 12 and 15 years and for all the regions there is “a ceiling” and “a floor” curbing the amplitude of credit … cycles. They are also largely interconnected, with the US credit cycle being the most influential and autonomous at the same …