role of housing affordability and household indebtedness. However, the impact of credit market developments and regulations … is also closely examined. Using a large panel of countries it is found that housing affordability and household fragility …

We study the household sector's post-tax income and debt position as propagation mechanisms of public into private …

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

population. In a model of household borrowing with credit constraints and endogenous house prices, we show that less constrained … level data on the universe of household credit in Belgium to document a shift in the distribution of debt over age, with … constrained, do not contribute to the rise in household debt. To identify the elasticity of household debt to the interest rate …

We evaluate the impact of mortgage regulation on credit volumes, household balance sheets and the reaction to adverse … information from official tax records, we identify causal effects of mortgage loan-to-value (LTV) limits. Our results show that … in the years following the house purchase, suggesting that the impact on financial vulnerability at the household level …

population. In a model of household borrowing with credit constraints and endogenous house prices, we show that less constrained … level data on the universe of household credit in Belgium to document a shift in the distribution of debt over age, with … constrained, do not contribute to the rise in household debt. To identify the elasticity of household debt to the interest rate …