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Households over-indebtedness in the economic literature

Author

Listed:
  • Luisa ANDERLONI
  • Daniela VANDONE

Abstract

Over-indebtedness is a multi-faced phenomenon with social, economic, legal and political aspects. In our study we present an analysis of the literature on over-indebtedness. In particular, we look at all surveys which refer to over-indebtedness or financial difficulties of households with the aim to develop our knowledge about the nature and causes of over-indebtedness and to provide an answer to the research question: “who is likely to be over-indebted and what are the main variables that explain this risk”. Most of these studies are related to EU countries and have been published in the last decade.

Suggested Citation

  • Luisa ANDERLONI & Daniela VANDONE, 2008. "Households over-indebtedness in the economic literature," Departmental Working Papers 2008-46, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
  • Handle: RePEc:mil:wpdepa:2008-46
    as

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    File URL: http://wp.demm.unimi.it/files/wp/2008/DEMM-2008_046wp.pdf
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    References listed on IDEAS

    as
    1. Luisa Farinha, 2004. "Households’ debt Burden: An Analysis Based on Microeconomic Data," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    2. Ana del Río & Garry Young, 2005. "The impact of unsecured debt on financial distress among British households," Working Papers 0512, Banco de España.
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    7. Luisa Anderloni, 2007. "Migrants and Remittances," Springer Books, in: Luisa Anderloni & Maria Debora Braga & Emanuele Maria Carluccio (ed.), New Frontiers in Banking Services, chapter 10, pages 353-371, Springer.
    8. Gloukoviezoff, Georges., 2006. "Surendettement des particuliers en France : quels rôles pour les syndicats?," ILO Working Papers 993913233402676, International Labour Organization.
    9. Giuseppe Bertola & Richard Disney & Charles Grant (ed.), 2006. "The Economics of Consumer Credit," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262026015, February.
    10. Avery, Robert B. & Calem, Paul S. & Canner, Glenn B., 2004. "Consumer credit scoring: Do situational circumstances matter?," Journal of Banking & Finance, Elsevier, vol. 28(4), pages 835-856, April.
    11. Rinaldi, Laura & Sanchis-Arellano, Alicia, 2006. "Household debt sustainability: what explains household non-performing loans? An empirical analysis," Working Paper Series 570, European Central Bank.
    12. Kasper Roszbach, 2004. "Bank Lending Policy, Credit Scoring, and the Survival of Loans," The Review of Economics and Statistics, MIT Press, vol. 86(4), pages 946-958, November.
    13. Haas, Oliver J., 2006. "Overindebtedness in Germany," ILO Working Papers 993913223402676, International Labour Organization.
    14. Thomas B. Astebro & G. Chen, 2001. "The Economic Value of Reject Inference in Credit Scoring," Post-Print hal-00654597, HAL.
    15. Adele Atkinson & Stephen McKay & Sharon Collard & Elaine Kempson, 2007. "Levels of Financial Capability in the UK," Public Money & Management, Taylor & Francis Journals, vol. 27(1), pages 29-36, February.
    16. Sarah Bridges & Richard Disney, 2004. "Use of credit and arrears on debt among low-income families in the United Kingdom," Fiscal Studies, Institute for Fiscal Studies, vol. 25(1), pages 1-25, March.
    17. Charles Grant & Mario Padula, 2006. "Informal Credit Markets, Judicial Costs and Consumer Credit: Evidence from Firm Level Data," CSEF Working Papers 155, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    Full references (including those not matched with items on IDEAS)

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    1. Will coronavirus accelerate the move towards a cashless economy?
      by bbatiz in The Cashless Society on 2020-09-08 16:54:28

    Citations

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    Cited by:

    1. Luisa ANDERLONI & Daniela VANDONE, 2011. "Vulnerabilità e benessere delle famiglie italiane," Departmental Working Papers 2011-40, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    2. Goode, Jackie, 2012. "Brothers are doing it for themselves?: Men's experiences of getting into and getting out of debt," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 41(3), pages 327-335.
    3. Shahidur R. Khandker & Rashid Faruqee & Hussain A. Samad, 2014. "Are Microcredit Borrowers in Bangladesh Over-indebted?," Working Papers 26, Institute of Microfinance (InM).
    4. Chichaibelu, Bezawit Beyene & Waibel, Hermann, 2017. "Borrowing from “Pui” to Pay “Pom”: Multiple Borrowing and Over-Indebtedness in Rural Thailand," World Development, Elsevier, vol. 98(C), pages 338-350.
    5. Khandker, Shahidur R. & Faruqee, Rashid & Samad, Hussain A., 2013. "Are microcredit borrowers in Bangladesh over-indebted ?," Policy Research Working Paper Series 6574, The World Bank.

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    More about this item

    Keywords

    Household indebtedness; over-indebtedness; financial exclusion;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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