During the period leading up to the recession of 2007-08, there was a large increase in household debt relative to …. It is sometimes claimed that these three developments were closely linked. In these stories, the rise in household debt … ask if this story is consistent with the empirical evidence. In particular, I ask five questions: How much household …

government debt to GDP and the household debt to total household income. The estimation of the model is made feasible through the …

We analyze the relationship of the distribution of future GDP growth and accumulation of household debt in Finnish … macroeconomic data from 1980 to 2019. We find clear evidence that exuberant accumulation of household debt is related to the … damped. Thus, there is a link between rapid household debt growth and increase in probabilities of more severe downturns. We …

literature, we present evidence that vehicle emissions first rise and then decline as a function of household income. We document …

Wages and salaries represent the most important component of household disposable income. The aim of the article is to …