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We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence …
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We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence …
Persistent link: https://www.econbiz.de/10011346295
We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence …
Persistent link: https://www.econbiz.de/10011347156
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through which financial system uncertainty affects household decisions. …
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This study focuses on the financialization of the U.S. household sector, featuring enhanced access to credit and ease … household income shows that the continued decline in household saving in the 1990s was broadly based and included middle …
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