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This study explores cross-country differences in debt market participation, level of household debt holding and over … Vietnam by decomposing differences into those attributable to household characteristics and those due to economic environments … extent of indebtedness. Our major findings are that differences in the economic environment are more important than household …
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role of housing affordability and household indebtedness. However, the impact of credit market developments and regulations … is also closely examined. Using a large panel of countries it is found that housing affordability and household fragility …
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We study the household sector's post-tax income and debt position as propagation mechanisms of public into private …
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This paper examines the impact of income inequality on consumption-related household indebtedness at the household … level. Using the first wave of the Eurosystem Household Finance and Consumption Survey data, the analysis sheds light on …-related household indebtedness in a small sample of countries. We further employ a multilevel regression model to also take country …
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High household indebtedness could constrain future consumption growth and increase financial stability risks. This … paper uses household survey data to analyze both macroeconomic and finanical stability risks from the rapidly rising … household debt in China. We find that rising household indebtedness could boost consumption in the short term, while reducing it …
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