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There is a need to identify household debt behaviour in different age cohorts even in countries without prominent … household debt problems so that the measures for vulnerable groups can be made. Authors used multilevel mixed effect analysis to … test the effect of age and other variables on demand of debt. A national representative survey data of HIES (2001 …
Persistent link: https://www.econbiz.de/10011988848
There is a need to identify household debt behaviour in different age cohorts even in countries without prominent … household debt problems so that the measures for vulnerable groups can be made. Authors used multilevel mixed effect analysis to … test the effect of age and other variables on demand of debt. A national representative survey data of HIES (2001 …
Persistent link: https://www.econbiz.de/10011905183
, we find that borrowers respond to greater protection by increasing their unsecured debt. Border county estimates suggest …. Increased protections did not reduce the aggregate level of household debt but affected the composition of borrowing. …
Persistent link: https://www.econbiz.de/10014519066
, we find that borrowers respond to greater protection by increasing their unsecured debt. Border county estimates suggest …. Increased protections did not reduce the aggregate level of household debt but affected the composition of borrowing. …
Persistent link: https://www.econbiz.de/10014581790
(ZLB) on the nominal interest rate. Fiscal stabilization via higher government debt is frequently recommended as a policy … with a debtfinanced fiscal expansion and show that even in a low real interest rate environment, higher debt doesn …'t necessarily raise the real interest rate. The effect of the expansion is non-monotonic: Increasing debt raises the natural real …
Persistent link: https://www.econbiz.de/10012606350
(ZLB) on the nominal interest rate. Fiscal stabilization via higher government debt is frequently recommended as a policy … with a debtfinanced fiscal expansion and show that even in a low real interest rate environment, higher debt doesn …’t necessarily raise the real interest rate. The effect of the expansion is non-monotonic: Increasing debt raises the natural real …
Persistent link: https://www.econbiz.de/10012301130
Analysis of an original, broad, internet-based survey reveals that debt holding is related to three aspects of time … declining impatience are more likely to be debtors, and are likely to have larger amounts of debt, whereas sophisticates display … only insignificant positive association between declining impatience and debt holding. Responses indicative of a sign …
Persistent link: https://www.econbiz.de/10010332462
-) indebtedness which relate household income and debt services to different concepts of subsistence levels, this paper investigates … are likely to cause severe household indebtedness. Unemployment also worsens the relative debt situation mainly due to the …
Persistent link: https://www.econbiz.de/10011600882
-) indebtedness which relate household income and debt services to different concepts of subsistence levels, this paper investigates … are likely to cause severe household indebtedness. Unemployment also worsens the relative debt situation mainly due to the …
Persistent link: https://www.econbiz.de/10010265783
Numerous contributions in the literature show that household outcomes are influenced by the distribution of intra-household decision power expressed by bargaining indicators such as relative income of the spouses. Since women can expect a longer retirement period, increased female bargaining...
Persistent link: https://www.econbiz.de/10010274450