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The relationship between household debt growth and economic growth has been the subject of debate. On one hand, it is … generally viewed as a positive relationship. On the other hand, rapid growth of household debt could cause economic downturns …. This research aims to (1) study the relationship between rising household-debt-to-GDP and the growth of real GDP and …
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literature, we present evidence that vehicle emissions first rise and then decline as a function of household income. We document …
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