In this paper we empirically explore the relationship between debt and output in a panel of 72 countries over the … predicted by a standard small open economy model by Aguiar and Gopinath (2007), where debt and output endogenously respond to … total factor productivity (TFP) shocks. First, developing countries' debt falls after a positive output shock, while the …

Purpose: In recent decades, research on consumer debt and well-being is emerging. However, research on the potential … effect of debt portfolios on family financial well-being is limited. The purpose of this study is to fill this research gap … by examining the potential effect of debt portfolios on family financial well-being, measured by three indicators of …

In recent decades, research on consumer debt and wellbeing is emerging. However, research on the potential effect of … debt portfolios on family financial wellbeing is limited. The purpose of this study is to fill this research gap by … examining the potential effect of debt portfolios on family financial wellbeing, measured by three indicators of progressive …