IDEAS home Printed from https://ideas.repec.org/a/spr/wirtsc/v102y2022i3d10.1007_s10273-022-3127-2.html
   My bibliography  Save this article

Nach Corona kommt die Schuldenwelle — begründete Sorge oder Panikmache? Aktuelle Entwicklungen im Kredit- und Konsummarkt
[After Corona Comes the Debt Wave — Well-Founded Concern or Scaremongering?]

Author

Listed:
  • Kai-Friedrich Donau

    (SCHUFA Holding AG)

Abstract

The corona pandemic had a considerable impact on consumers. The difficult situation in numerous sectors of the economy has led to financial burdens for many households. Despite repeated warnings announcing significantly increasing debts, the number of new payment arrears during the past two years has been below the level of the pre-COVID-19 period according to analysis based on SCHUFA data. This is due to the fact that consumers have adjusted their financial and consumption behavior or made use of their financial reserves — reserves that could now be lacking due to rising prices, especially for energy.

Suggested Citation

  • Kai-Friedrich Donau, 2022. "Nach Corona kommt die Schuldenwelle — begründete Sorge oder Panikmache? Aktuelle Entwicklungen im Kredit- und Konsummarkt [After Corona Comes the Debt Wave — Well-Founded Concern or Scaremongering?," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 102(3), pages 166-169, March.
    • Handle: RePEc:spr:wirtsc:v:102:y:2022:i:3:d:10.1007_s10273-022-3127-2
    DOI: 10.1007/s10273-022-3127-2
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10273-022-3127-2
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10273-022-3127-2?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    E21; G51; G53;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • G51 - Financial Economics - - Household Finance - - - Household Savings, Borrowing, Debt, and Wealth
    • G53 - Financial Economics - - Household Finance - - - Financial Literacy

    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:spr:wirtsc:v:102:y:2022:i:3:d:10.1007_s10273-022-3127-2. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.