As Korea's household debt has increased rapidly since the mid-2000s, concerns that its economy's hard-wired leveraging … long-run trend. Housing preferences and monetary shocks can both trigger deleveraging, as most household debt is profoundly … macroeconomic effects of deleveraging. Because a lower loan-to-value (LTV) ceiling limits the size of household debt, the …

During the first decade of the 21st century, household FX loans spread in numerous countries in Central and Eastern …. Disregarding countries that joined the euro area, Hungary was the only state where household FX loans were completely phased out … about the causes and the impact of unsecured FX lending in the household sector and analyses the phasing-out of the …

document substantial heterogeneity across these dimensions. The median household in the euro area has a positive interest rate …