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

Author

Listed:
  • 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.

Suggested Citation

  • Jiang, Helu & Sanchez, Juan M., 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

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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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    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.
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