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U.S. household deleveraging and future consumption growth

Author

Listed:
  • Reuven Glick
  • Kevin J. Lansing

Abstract

This Economic Letter discusses how a deleveraging of the U.S. household sector might affect the growth rate of consumption going forward.

Suggested Citation

  • Reuven Glick & Kevin J. Lansing, 2009. "U.S. household deleveraging and future consumption growth," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue may15.
  • Handle: RePEc:fip:fedfel:y:2009:i:may15:n:2009-16
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    File URL: http://www.frbsf.org/publications/economics/letter/2009/el2009-16.html
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    File URL: http://www.frbsf.org/publications/economics/letter/2009/el2009-16.pdf
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    Citations

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    Cited by:

    1. Janet L. Yellen, 2009. "The outlook for recovery in the U.S. economy," Speech 76, Federal Reserve Bank of San Francisco.
    2. Yilmaz Akyuz, 2015. "The Global Economic Crisis and Asian Developing Countries: Impact, Policy Response and Medium Term Prospects," Working Papers id:7062, eSocialSciences.
    3. John C. Williams, 2009. "Heeding Daedalus: Optimal Inflation and the Zero Lower Bound," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 40(2 (Fall)), pages 1-49.
    4. Reuven Glick & Kevin J. Lansing, 2011. "Consumers and the economy, part I: Household credit and personal saving," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue jan10.
    5. Brown, Sarah & Ghosh, Pulak & Su, Li & Taylor, Karl, 2015. "Modelling household finances: A Bayesian approach to a multivariate two-part model," Journal of Empirical Finance, Elsevier, vol. 33(C), pages 190-207.
    6. Kevin J. Lansing, 2011. "Gauging the impact of the Great Recession," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue july11.
    7. Joshua Aizenman & Rajeswari Sengupta, 2011. "Global Imbalances: Is Germany the New China? A Skeptical View," Open Economies Review, Springer, vol. 22(3), pages 387-400, July.
    8. Franziska L Ohnsorge & Ashoka Mody, 2010. "After the Crisis; Lower Consumption Growth But Narrower Global Imbalances?," IMF Working Papers 10/11, International Monetary Fund.
    9. Reuven Glick & Kevin J. Lansing, 2010. "Global household leverage, house prices, and consumption," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue jan11.
    10. Valerie Herzberg, 2010. "Assessing the Risk of Private Sector Debt Overhang in the Baltic Countries," IMF Working Papers 10/250, International Monetary Fund.

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