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

Author Info

Listed author(s):
  • Jiang, Helu

    (Federal Reserve Bank of St. Louis)

  • Sanchez, Juan M.

    ()

    (Federal Reserve Bank of St. Louis)

Abstract

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

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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
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Article provided by Federal Reserve Bank of St. Louis in its journal Economic Synopses.

Volume (Year): (2016)
Issue (Month): 11 ()
Pages: 1-2

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Handle: RePEc:fip:fedles:00065
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  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.
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