Barradas, Ricardo; Tomás, Inês - In: PSL quarterly review 76 (2023) 304, pp. 21-49
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 …