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The growth of consumer credit and the household debt service burden Author info | Abstract | Publisher info | Download info | Related research | Statistics Dean M. Maki
Household debt is at a record high relative to disposable income. Some analysts are concerned that this unprecedented level of debt might pose a risk to the financial health of American households and ultimately lead them to curtail their spending. In this paper, I summarize some of the relevant facts concerning the growth of consumer credit and the household debt service burden, outline the results of the research that has been conducted in this area, and look at the questions that might be answered with additional research.
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Paper provided by Board of Governors of the Federal Reserve System (U.S.) in its series Finance and Economics Discussion Series with number
2000-12.
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Date of creation: 2000Date of revision:
Handle: RePEc:fip:fedgfe:2000-12Contact details of provider: Postal: 20th Street and Constitution Avenue, NW, Washington, DC 20551 Web page: http://www.federalreserve.gov/ More information through EDIRC
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Keywords: Consumer credit ; Consumption (Economics) ; Debt ; This paper has been announced in the following NEP Reports :
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.: Antzoulatos, Angelos A., 1996.
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references 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.)
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Other versions: Lucia Dunn & Tufan Ekici, 2006.
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Christopher Kent & Crystal Ossolinski & Luke Willard, 2007.
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Markus Christen & Ruskin Morgan, 2005.
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Lucia Dunn & Tufan Ekici & Paul J. Lavrakas & Jeffery A. Stec, 2004.
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Meral Karasulu, 2008.
"StressTesting Household Debt in Korea ,"
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