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Household Debt and Financial Constraints in Australia

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Author Info
Gianni La Cava
John Simon

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Abstract

Over the past decade, household debt (as a share of household income) has reached historically high levels. This has raised concerns about whether, as a result of the rise in debt, households are now more financially 'fragile'. Copyright 2005 The University of Melbourne, Melbourne Institute of Applied Economic and Social Research.

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Article provided by The University of Melbourne, Melbourne Institute of Applied Economic and Social Research in its journal The Australian Economic Review.

Volume (Year): 38 (2005)
Issue (Month): 1 (03)
Pages: 40-60
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Handle: RePEc:bla:ausecr:v:38:y:2005:i:1:p:40-60

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This page was last updated on 2009-10-25.

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