Nonlinear Effect of Household Debt on Consumption: Evidence from Household-level Panel Data in Korea
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Cited by:
- Jong Chil Son & Hail Park, 2019. "U.S. Interest Rate and Household Debt Sustainability: The Case of Korea," Sustainability, MDPI, vol. 11(14), pages 1-16, July.
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More about this item
Keywords
Household; Consumption; Debt-to-disposable income; Debt service ratio; Nonlinear; Threshold;
All these keywords.JEL classification:
- E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
- D1 - Microeconomics - - Household Behavior
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