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Does rising consumer debt signal future recessions?: Testing the causal relationship between consumer debt and the economy

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Author Info
Elizabeth Schmitt
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File URL: http://hdl.handle.net/10.1007/BF02298325
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Article provided by International Atlantic Economic Society in its journal Atlantic Economic Journal.

Volume (Year): 28 (2000)
Issue (Month): 3 (September)
Pages: 333-345
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Handle: RePEc:kap:atlecj:v:28:y:2000:i:3:p:333-345

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. King, Mervyn, 1994. "Debt deflation: Theory and evidence," European Economic Review, Elsevier, vol. 38(3-4), pages 419-445, April. [Downloadable!] (restricted)
  2. Sandra Black & Donald Morgan, 1998. "Risk and the democratization of credit cards," Research Paper 9815, Federal Reserve Bank of New York. [Downloadable!]
  3. C. Alan Garner, 1996. "Can measures of the consumer debt burden reliably predict an economic slowdown?," Economic Review, Federal Reserve Bank of Kansas City, issue Q IV, pages 63-76. [Downloadable!]
  4. Grieves, Robin, 1983. "The Demand for Consumer Durables," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 15(3), pages 316-26, August. [Downloadable!] (restricted)
  5. Eastwood, David B & Anderson, Robert C, 1976. "Consumer Credit and Consumer Demand for Automobiles," Journal of Finance, American Finance Association, vol. 31(1), pages 113-23, March. [Downloadable!] (restricted)
  6. Hamburger, Michael J & Zwick, Burton, 1977. "Installment Credit Controls, Consumer Expenditures and the Allocation of Real Resources," Journal of Finance, American Finance Association, vol. 32(5), pages 1557-69, December. [Downloadable!] (restricted)
  7. Francesca Eugeni, 1993. "Consumer debt and home equity borrowing," Economic Perspectives, Federal Reserve Bank of Chicago, issue Mar, pages 2-13. [Downloadable!]
  8. Mishkin, Frederic S, 1976. "Illiquidity, Consumer Durable Expenditure, and Monetary Policy," American Economic Review, American Economic Association, vol. 66(4), pages 642-54, September. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Andrew Kish, 2006. "Perspectives on recent trends in consumer debt," Payment Cards Center Discussion Paper 06-05, Federal Reserve Bank of Philadelphia. [Downloadable!]
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