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We use information from the last wave of the Spanish Survey of Households Finance to study the influence of debt on the … smaller MPC than non-indebted households. This negative association increases along with the amount of debt. We also find a …
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We study how forcing financially distressed consumer debtors to repay a larger fraction of debt can lead them to …. Finally, we find that those debtors who misreported income had a lower probability of default on their debt repayment plans …
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