The Effect of Household Debt on Aggregate Demand - The Case of Spain
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References listed on IDEAS
- Steve Keen, 2009. "Household Debt: The Final Stage in an Artificially Extended Ponzi Bubble," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 42(3), pages 347-357.
- Atif R. Mian & Amir Sufi, 2012. "What explains high unemployment? The aggregate demand channel," NBER Working Papers 17830, National Bureau of Economic Research, Inc.
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- Gerhard Illing & Yoshiyasu Ono & Matthias Schlegl, 2016. "Asset Prices and Leverage in a Model of Persistent Stagnation," ISER Discussion Paper 0988, Institute of Social and Economic Research, Osaka University.
- Schlegl, Matthias & Illing, Gerhard & Ono, Yoshiyasu, 2017. "Asset Prices and Leverage in a Model of Persistent Stagnation," Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168174, Verein für Socialpolitik / German Economic Association.
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Keywordsdebt; leverage; balance sheet recession; household sector; aggregate demand; unemployment;
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
- O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
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