Household DebtConsumptionBankingEconomic PolicyEuropean UnionEconomic GrowthUnemploymentEntrepreneurshipIn the present paper it will be pointed out with a panel data econometric model that there is a trade-off between government debt to GDP and the household debt...
household debt between 1989 and 2013. We focus on how income and debt levels have changed, and what this means for future economic growth and living standards. Prior to the Great Recession, U.S. households had record high debt levels and record low savings rates. Highly leveraged consumption ...
Interestingly, the results reveal some feedback from household debt to income inequality. We also show that debt-driven consumption should be viewed with caution as the results show that increases in household debt correspond with future declines in the rate of consumption. 展开 关键词:...
Households' debt-servicing capability also worsened. In terms of income and the value of asset, only 54 percent of the total household debts were owed by households having a sufficient capability to repay debts, according to the government assessment. About 39 percent of debts were owed by house...
Liquidity constraints have been proposed as an important explanation for deviations from the rational expectations/permanent income hypothesis. This paper introduces to the liquidity constraint literature the ratio of a household's debt payments to its disposable personal income, the debt service ratio (...
percentage of disposable income is near a record low and US household credit market debt as a percentage [...] leggmason.com.hk 當然,低利率帶來很大的幫助—償債金額占可支配所得的百分比接近歷史低點,美國 家庭的信用 市場債務占總資產的百分比也達到了超過 10 年以來的最低點。 leggmason.tw ...
Mortgage was the largest type of personal debt in the U.S in 2022. Student and car loans were at a great distance the next most common types of consumer debt.
The research found that economy will grow faster and unemployment will be lower in the short term when the household debt-to-GDP ratio increases. However over three to five years, higher growth in household debt could be associated with a greater probability of banking crisis. ...
家庭债务(household debt)一般由 住房抵押贷款 ( residential mortgage loans )和消费者信贷(consumer credit)两部分构 … www.showxiu.com|基于7个网页 3. 家户债务 其结果自然是,政府债务与民间债务同步增长,尤其是家户债务(Household debt),已从1990年代初期高达整体GDP的近40… ...
Vulnerabilities in the housing market had increased in the past six months and house price pressures were spreading beyond Auckland to the rest of the country, said the report. "Credit to the household sector is growing rapidly, and the household debt-to-disposable income ratio now stands at 16...