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This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … between 2010 and 2014 in Belgium, using panel data from the two waves of the Household Finance and Consumption Survey. Unlike … previous studies, we find a negative effect of households' indebtedness on their consumption, even in the absence of negative …
Persistent link: https://www.econbiz.de/10012486606
This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … between 2010 and 2014 in Belgium. To do so, we use panel data from the two waves of the Household Finance and Consumption … Survey. Unlike previous studies, we find a negative effect of households' indebtedness on their consumption, even in the …
Persistent link: https://www.econbiz.de/10012437753
This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … between 2010 and 2014 in Belgium, using panel data from the two waves of the Household Finance and Consumption Survey. Unlike … previous studies, we find a negative effect of households' indebtedness on their consumption, even in the absence of negative …
Persistent link: https://www.econbiz.de/10012494203
not clear cut. Contrary to the usual practice of considering the allocation of household income over consumption and …
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