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. While stricter LTV limits are often considered as a measure to tackle the rise in household indebtedness, I find that policy …
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This paper develops a panel data econometric analysis in order to determine the main macroeconomic causes of household … indebtedness in the European Union countries from 1995 to 2019. During that time, household indebtedness reached unprecedented and … well interpreted by the mainstream economics, which advocates that household indebtedness is just an instrument to smooth …
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