Consumer Debt is 130% of Income: Avoiding Budget Constraint Orthodoxy
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Keywords
; ; ; ; ;JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
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This paper has been announced in the following NEP Reports:- NEP-MAC-2008-08-06 (Macroeconomics)
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