IDEAS home Printed from https://ideas.repec.org/a/fip/fedles/00065.html
   My bibliography  Save this article

The Deleveraging of U.S. Households: Credit Card Debt over the Lifecycle

Author

Listed:
  • Helu Jiang
  • Juan M. Sanchez

Abstract

Individuals younger than 46 deleveraged the most after the financial crisis of 2008.

Suggested Citation

  • Helu Jiang & Juan M. Sanchez, 2016. "The Deleveraging of U.S. Households: Credit Card Debt over the Lifecycle," Economic Synopses, Federal Reserve Bank of St. Louis, issue 11, pages 1-2.
    • Handle: RePEc:fip:fedles:00065
    as

    Download full text from publisher

    File URL: https://research.stlouisfed.org/publications/economic-synopses/2016-05-27/the-deleveraging-of-u-s-households-credit-card-debt-over-the-lifecycle.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Giuseppe Moscarini & Fabien Postel-Vinay, 2016. "Did the Job Ladder Fail after the Great Recession?," Journal of Labor Economics, University of Chicago Press, vol. 34(S1), pages 55-93.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Oznur Ozdamar & Eleftherios Giovanis & Sahizer Samuk, 2020. "State business relations and the dynamics of job flows in Egypt and Turkey," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 10(4), pages 519-558, December.
    2. Alessandro Gavazza & Simon Mongey & Giovanni L. Violante, 2018. "Aggregate Recruiting Intensity," American Economic Review, American Economic Association, vol. 108(8), pages 2088-2127, August.
    3. Tulio A. Cravo, 2017. "Firm size and business cycles," IZA World of Labor, Institute of Labor Economics (IZA), pages 371-371, June.
    4. Sebastian Heise & Tommaso Porzio, 2019. "Spatial Wage Gaps and Frictional Labor Markets," Staff Reports 898, Federal Reserve Bank of New York.
    5. John C. Haltiwanger & Henry R. Hyatt & Erika McEntarfer & Matthew Staiger, 2021. "Cyclical Worker Flows: Cleansing vs. Sullying," NBER Working Papers 28802, National Bureau of Economic Research, Inc.
    6. Henry Hyatt & Erika McEntarfer & John Haltiwanger, 2014. "Cyclical Reallocation of Workers Across Large and Small Employers," 2014 Meeting Papers 735, Society for Economic Dynamics.
    7. Giuseppe Berlingieri & Sara Calligaris & Chiara Criscuolo, 2018. "The Productivity-Wage Premium: Does Size Still Matter in a Service Economy?," AEA Papers and Proceedings, American Economic Association, vol. 108, pages 328-333, May.
    8. Renato Faccini & Leonardo Melosi, 2019. "Bad Jobs and Low Inflation," 2019 Meeting Papers 970, Society for Economic Dynamics.
    9. Ismail Baydur & Toshihiko Mukoyama, 2020. "Job Duration and Match Characteristics over the Business Cycle," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 37, pages 33-53, July.
    10. Elena-Loreni Baciu, 2022. "Employment Outcomes of Higher Education Graduates from during and after the 2007–2008 Financial Crisis: Evidence from a Romanian University," Sustainability, MDPI, vol. 14(18), pages 1-30, September.
    11. Jeroen Van den bosch & Stijn Vanormelingen, 2023. "Productivity growth over the business cycle: cleansing effects of recessions," Small Business Economics, Springer, vol. 60(2), pages 639-657, February.
    12. Brown, Alessio J.G. & Kohlbrecher, Britta & Merkl, Christian & Snower, Dennis J., 2021. "The effects of productivity and benefits on unemployment: Breaking the link," Economic Modelling, Elsevier, vol. 94(C), pages 967-980.
    13. Monica Costa Dias & Robert Joyce & Fabien Postel‐Vinay & Xiaowei Xu, 2020. "The Challenges for Labour Market Policy during the COVID‐19 Pandemic," Fiscal Studies, John Wiley & Sons, vol. 41(2), pages 371-382, June.
    14. Isaac Sorkin, 2018. "Ranking Firms Using Revealed Preference," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 133(3), pages 1331-1393.
    15. Forsythe, Eliza, 2023. "Occupational Job Ladders within and between Firms," IZA Discussion Papers 16682, Institute of Labor Economics (IZA).
    16. Leland Crane & Henry Hyatt & Seth Murray, 2018. "Cyclical Labor Market Sorting," 2018 Meeting Papers 939, Society for Economic Dynamics.
    17. Tito Boeri & Andrea Garnero & Lorenzo G. Luisetto, 2023. "Non-compete agreements in a rigid labour market: the case of Italy," CEP Discussion Papers dp1912, Centre for Economic Performance, LSE.
    18. Hahn, Joyce K. & Hyatt, Henry R. & Janicki, Hubert P., 2021. "Job ladders and growth in earnings, hours, and wages," European Economic Review, Elsevier, vol. 133(C).
    19. Adrien Bilal & Niklas Engbom & Simon Mongey & Giovanni L. Violante, 2022. "Firm and Worker Dynamics in a Frictional Labor Market," Econometrica, Econometric Society, vol. 90(4), pages 1425-1462, July.
    20. Biro, Aniko & Bisztray, Márta & da Fonseca, João G. & Molnár, Tímea Laura, 2023. "Accident-Induced Absence from Work and Wage Ladders," IZA Discussion Papers 16312, Institute of Labor Economics (IZA).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedles:00065. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anna Oates (email available below). General contact details of provider: https://edirc.repec.org/data/frbslus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.