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Unsustainable household debt : problems of measurement

Gibbons, Damon - In: Vierteljahrshefte zur Wirtschaftsforschung 89 (2020) 1, pp. 101-113

In the wake of the Global Financial Crisis, a significant research effort has been made to better understand the links between household debt levels, financial stability risks, and the ongoing implications of the ‘debt overhang’ for economic growth. However, accurately measuring the...

Persistent link: https://www.econbiz.de/10012507225

Mortgage Indebtedness and Household Financial Distress

Georgarakos, Dimitris - 2010

Using comparable survey data from twelve European countries we investigate households' attitudes towards mortgage … households have a mortgage outstanding relative to countries where a sizeable part of the population uses mortgage debt, like the … reference households, and crucially so in countries with less expanded mortgage markets. Thus it appears that households …

Persistent link: https://www.econbiz.de/10013149816

Household Finance after a Natural Disaster : The Case of Hurricane Katrina

Gallagher, Justin - 2015

Little is known about how affected residents are able to cope with the financial shock of a natural disaster. We investigate the impact that flooding from a major US hurricane had on household finance. Spikes in credit card borrowing and overall delinquency rates for the most flooded residents...

Persistent link: https://www.econbiz.de/10013030679

The impact of borrower-based instruments on household vulnerability in Germany

Barasinska, Nataliya; Ludwig, Johannes; Vogel, Edgar - 2021 - This version: June 22, 2021

hypothetical activation shows that the introduction of a cap on the loan-to-value (LTV) ratio of new mortgage loans in Germany …

Persistent link: https://www.econbiz.de/10012589225

The distribution of debt across euro area countries : the role of individual characteristics, institutions and credit conditions

Bover, Olympia; Casado, Jose Maria; Costa, Sónia; Du … - 2013

Persistent link: https://www.econbiz.de/10010349112

Crédits aux particuliers : analyse des données de la Centrale des crédits aux particuliers

De Doncker, Helga - 2006

to all consumer credits and mortgage loans contracted by natural persons for private purposes, as well as any payment …

Persistent link: https://www.econbiz.de/10011618262

The Impact of Homeowners' Housing Wealth Misestimation on Consumption and Saving Decisions

Agarwal, Sumit - 2006

Using a unique dataset of 81,943 house value estimates by the homeowners and their financial institution, I find that homeowners overestimate their house value by 3.1%. After controlling for homeowners' socioeconomic characteristics, I find that ex-ante homeowners who rate (cash-out) refinance...

Persistent link: https://www.econbiz.de/10014056892

The Impact of Homeowners' Housing Wealth Misestimation on Consumption and Saving Decisions

Agarwal, Sumit - 2006

A number of studies point out that homeowners on average misestimate their house values. Using a unique dataset of 81,943 house value estimates both by the homeowners and the bank, I find that homeowners overestimate their house value by 3.1%. After controlling for homeowners' socioeconomic...

Persistent link: https://www.econbiz.de/10014057820

House price expectations and housing choice

Ludwig, Alexander; Mankart, Jochen; Quintana, Jorge; … - 2019

What is the role of heterogenous house-price expectations for boom-bust cycles in the housing market? We exploit a unique Dutch panel data set on households' house price expectations and their consumption, savings and housing choices for the period 2003-2016. This period was characterized by a...

Persistent link: https://www.econbiz.de/10012265571

The Effect of Housing on Portfolio Choice

Chetty, Raj - 2016

equity and mortgage debt. We isolate exogenous variation in home equity and mortgages by using differences across housing …

Persistent link: https://www.econbiz.de/10012983105