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This paper investigates responses of household debt to COVID-19 related data like confirmed cases and confirmed deaths … marginal likelihood criterion and we estimate the GVAR with MCMC techniques. Results reveal that household debt positively …, vaccinations and testing appear to negatively affect household debt. Lockdown measures such as stay-at-home advice, and closing …
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This article explores whether household debt has amplified the impact of the Covid crisis on the economy, and whether … implications this has had for household debt burdens so far …
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examine their impact on household debt repayments in the UK within a vector autoregressive system of equations. Results show … that a higher transmission rate would increase household debt repayments, while the recovery rate would have a negative …
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We examine the impact of financial education on credit decisions during COVID-19. The pandemic presented economic challenges, but policy responses provided opportunities for savvy borrowers. Using variation in state-mandated financial education during high school, we find that mandated borrowers...
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