Rising Household Debt PDF Download
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Author:
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages :
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Book Description
Author:
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages :
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Book Description
Author: Guy Debelle
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages : 54
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Book Description
Author: Lee Anne Fennell
Publisher: Cambridge University Press
ISBN: 1107164923
Category : Business & Economics
Languages : en
Pages : 357
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Book Description
This interdisciplinary volume illuminates housing's impact on both wealth and community, and examines legal and policy responses to current challenges. Also available as Open Access.
Author: Karen E. Dynan
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages : 72
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Book Description
Author: Brian Cashell
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages : 16
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Book Description
Author: Jiseob Kim
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: Guy Debelle
Publisher:
ISBN:
Category :
Languages : en
Pages : 41
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Book Description
Author: Aldo Barba
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
The article analyses the rise in household indebtedness from the point of view of its causes and long-run macroeconomic implications. The analysis is focussed on the US case. Differently from life-cycle interpretations of the phenomenon, and from interpretations in terms of erratic deviations of current income flows from their long-run trend, the rising household debt is viewed as the outcome of persistent changes in income distribution and growing income inequalities. Through household debt, low wages appear to have been brought to coexist with relatively high levels of aggregate demand, thus providing the solution to the contradiction between the necessity of high and rising consumption levels, for the growth of the system's actual output, and a framework of antagonistic conditions of distribution which keeps within limits the real income of the vast majority of society. The question of the long-run sustainability of this substitution of loans for wages is finally discussed.
Author: Sebastian Barnes
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages : 42
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Book Description
Author: Heikki Hiilamo
Publisher: Edward Elgar Publishing
ISBN: 1785369873
Category : Business & Economics
Languages : en
Pages : 253
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Book Description
The trajectories of increasing household debt are studied in the contexts of the US and the UK, Germany, the Netherlands, Finland and Norway. Household Debt and Economic Crises examines remedies to prevent and alleviate the over-indebtedness epidemic, creating a conceptual framework with which to analyse the causes and consequences of debt. Hiilamo argues that social policies are needed to tackle the current borrowing crisis that endangers and prevents the full participation in society of individuals with excessive debts.
