Has the Rise in Debt Made Households More Vulnerable?

This paper reviews, for a number of OECD economies, macroeconomic developments in household balance sheets over the past two decades. The main findings show that the rise in household debt to historical levels has been driven by a combination of favourable financial conditions and buoyant housing ma...

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Bibliographic Details
Main Author: Girouard, Nathalie (-)
Other Authors: Kennedy, Mike, André, Christophe
Format: eBook Section
Language:Inglés
Published: Paris : OECD Publishing 2006.
Series:OECD Economics Department Working Papers, no.535.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706000006719

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