examined the ameliorating effects of economic literacy on the probability of specific household financial outcomes resulting …, delinquent credit card payments, delinquent auto loan payments, loss of home, and personal bankruptcy. The head-of-household …

-employed. Recourse to consumer credit remained stable; it increased for low-income households. Household debt sustainability, measured by …

How much did shocks to household credit supply reduce employment in the Great Recession? To answer this question, I … by 3 percent. In partial equilibrium, the household credit channel implies employment losses equal to at least 20 percent …

household debt, (1) installment loan debt and (2) credit card debt. Results of a Heckman selection model indicate that …

Household debt in many advanced economies has increased significantly since the 1980s and accelerated in the years …. Precautionary savings, due to labour income uncertainty, have also influenced household decisions especially, during the 2007 …