Household Debt and Credit: Economic Issues and Data Problems
AbstractWe survey contributions to the analysis of household liabilities, highlighting relevant theoretical aspects and outlining how data sources may support empirical testing and measurement efforts. Specifically, we classify aspects of household debt, discussing the theoretical and policy relevance of heterogeneity across individual and country dimensions. Aiming to illustrate conceptual and measurement issues, we refer to the approaches and results of some recent relevant country-specific work on administrative and survey data, and we argue that research in this area would greatly benefit from availability of appropriately classified household liabilities data and of cross-country institutional information. Copyright 2007 The Authors Journal compilation 2007 Banca Monte dei Paschi di Siena SpA
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Bibliographic InfoArticle provided by Banca Monte dei Paschi di Siena SpA in its journal Economic Notes.
Volume (Year): 36 (2007)
Issue (Month): 2 (07)
Contact details of provider:
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0391-5026
Other versions of this item:
- Bertola, Giuseppe & Hochguertel, Stefan, 2007. "Household debt and credit: Economic issues and data problems," CFS Working Paper Series 2007/32, Center for Financial Studies (CFS).
- G1 - Financial Economics - - General Financial Markets
- E21 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
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