Household debt and debt to income: The role of business ownership
Author
Abstract
Suggested Citation
DOI: 10.1016/j.qref.2021.11.001
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Philippe Martin & Thomas Philippon, 2017.
"Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone,"
American Economic Review, American Economic Association, vol. 107(7), pages 1904-1937, July.
- Philippe Martin & Thomas Philippon, 2014. "Inspecting the Mechanism Leverage and the Great Recession in the Eurozone," SciencePo Working papers hal-03460217, HAL.
- Philippe Martin & Thomas Philippon, 2017. "Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone," Post-Print hal-03391984, HAL.
- Philippe Martin & Thomas Philippon, 2017. "Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone," SciencePo Working papers Main hal-03391984, HAL.
- Philippe Martin & Thomas Philippon, 2014. "Inspecting the Mechanism Leverage and the Great Recession in the Eurozone," SciencePo Working papers Main hal-03460217, HAL.
- Martin, Philippe & Philippon, Thomas, 2014. "Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone," CEPR Discussion Papers 10189, C.E.P.R. Discussion Papers.
- Philippe Martin & Thomas Philippon, 2014. "Inspecting the Mechanism Leverage and the Great Recession in the Eurozone," Working Papers hal-03460217, HAL.
- Philippe Martin & Thomas Philippon, 2014. "Inspecting the Mechanism: Leverage and the Great Recession in the Eurozone," NBER Working Papers 20572, National Bureau of Economic Research, Inc.
- Olga Gorbachev & María José Luengo-Prado, 2019. "The Credit Card Debt Puzzle: The Role of Preferences, Credit Access Risk, and Financial Literacy," The Review of Economics and Statistics, MIT Press, vol. 101(2), pages 294-309, May.
- Guillermo Calvo, 2015.
"The Liquidity Approach to Bubbles, Crises, Jobless Recoveries, and Involuntary Unemployment,"
Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 18(3), pages 04-27, December.
- Guillermo Calvo, 2015. "The Liquidity Approach to Bubbles, Crises, Jobless Recoveries, and Involuntary Unemployment," Central Banking, Analysis, and Economic Policies Book Series, in: Ricardo J. Caballero & Klaus Schmidt-Hebbel (ed.),Economic Policies in Emerging-Market Economies Festschrift in Honor of Vittorio Corbo, edition 1, volume 21, chapter 6, pages 079-108, Central Bank of Chile.
- Atif Mian & Amir Sufi, 2018.
"Finance and Business Cycles: The Credit-Driven Household Demand Channel,"
Journal of Economic Perspectives, American Economic Association, vol. 32(3), pages 31-58, Summer.
- Atif R. Mian & Amir Sufi, 2018. "Finance and Business Cycles: The Credit-Driven Household Demand Channel," NBER Working Papers 24322, National Bureau of Economic Research, Inc.
- Cox, Donald & Jappelli, Tullio, 1993.
"The Effect of Borrowing Constraints on Consumer Liabilities,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 25(2), pages 197-213, May.
- Donald Cox & Tullio Jappelli, 1993. "The Effect Of Borrowing Constraints On Consumer Liabilities," Boston College Working Papers in Economics 228, Boston College Department of Economics.
- Robert W. Fairlie & Harry A. Krashinsky, 2012.
"Liquidity Constraints, Household Wealth, And Entrepreneurship Revisited,"
Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 58(2), pages 279-306, June.
- Fairlie, Robert W. & Krashinsky, Harry A., 2006. "Liquidity Constraints, Household Wealth, and Entrepreneurship Revisited," IZA Discussion Papers 2201, Institute of Labor Economics (IZA).
- Robert W. Fairlie & Harry A. Krashinsky, 2012. "Liquidity Constraints, Household Wealth, and Entrepreneurship Revisited," CESifo Working Paper Series 3784, CESifo.
- Fairlie, Robert W. & Krashinsky, Harry A., 2011. "Liquidity Constraints, Household Wealth, and Entrepreneurship Revisited," Santa Cruz Department of Economics, Working Paper Series qt6hv0m2q6, Department of Economics, UC Santa Cruz.
- Cristian Badarinza & John Y. Campbell & Tarun Ramadorai, 2016.
"International Comparative Household Finance,"
Annual Review of Economics, Annual Reviews, vol. 8(1), pages 111-144, October.
- Cristian Badarinza & John Y. Campbell & Tarun Ramadorai, 2016. "International Comparative Household Finance," NBER Working Papers 22066, National Bureau of Economic Research, Inc.
- Badarinza, Cristian & Campbell, John Y. & Ramadorai, Tarun, 2016. "International Comparative Household Finance," Scholarly Articles 27535132, Harvard University Department of Economics.
- Matteo Iacoviello, 2008.
"Household Debt and Income Inequality, 1963–2003,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(5), pages 929-965, August.
- Matteo Iacoviello, 2008. "Household Debt and Income Inequality, 1963-2003," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 40(5), pages 929-965, August.
- Matteo Iacoviello, 2005. "Household Debt and Income Inequality, 1963-2003," Boston College Working Papers in Economics 629, Boston College Department of Economics, revised 18 Oct 2007.
- Matteo Iacoviello, 2006. "Household Debt and Income Inequality, 1963-2003," 2006 Meeting Papers 585, Society for Economic Dynamics.
- Erik Hurst & Annamaria Lusardi, 2004. "Liquidity Constraints, Household Wealth, and Entrepreneurship," Journal of Political Economy, University of Chicago Press, vol. 112(2), pages 319-347, April.
- Fabbri, Daniela & Padula, Mario, 2004.
"Does poor legal enforcement make households credit-constrained?,"
Journal of Banking & Finance, Elsevier, vol. 28(10), pages 2369-2397, October.
- Daniela FABBRI & Mario PADULA, 2003. "Does Poor Legal Enforcement Make Households Credit-Constrained?," FAME Research Paper Series rp81, International Center for Financial Asset Management and Engineering.
- Koenker,Roger, 2005.
"Quantile Regression,"
Cambridge Books,
Cambridge University Press, number 9780521845731, September.
- Koenker,Roger, 2005. "Quantile Regression," Cambridge Books, Cambridge University Press, number 9780521608275, January.
- repec:hal:spmain:info:hdl:2441/59bp0vqv2b8k7a185vg2hert9v is not listed on IDEAS
- Manuel Arellano & Stéphane Bonhomme, 2017.
"Quantile Selection Models With an Application to Understanding Changes in Wage Inequality,"
Econometrica, Econometric Society, vol. 85, pages 1-28, January.
- Manuel Arellano & Stéphane Bonhomme, 2015. "Quantile selection models: with an application to understanding changes in wage inequality," CeMMAP working papers 75/15, Institute for Fiscal Studies.
- Manuel Arellano & Stéphane Bonhomme, 2016. "Quantile Selection Models with an Application to Understanding Changes in Wage Inequality," Working Papers wp2016_1610, CEMFI.
- Manuel Arellano & Stéphane Bonhomme, 2015. "Quantile selection models: with an application to understanding changes in wage inequality," CeMMAP working papers CWP75/15, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- John Heaton & Deborah Lucas, 2000. "Portfolio Choice and Asset Prices: The Importance of Entrepreneurial Risk," Journal of Finance, American Finance Association, vol. 55(3), pages 1163-1198, June.
- Jaime Ruiz‐Tagle & Francis Vella, 2016. "Borrowing Constraints and Credit Demand in a Developing Economy," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 31(5), pages 865-891, August.
- Ferre, Zuleika & Rivero, José Ignacio & Sanroman, Graciela, 2016. "Inclusión financiera en el Uruguay: análisis a través de índices sintéticos," Estudios y Perspectivas – Oficina de la CEPAL en Montevideo 40632, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
- Andres Drenik & Gustavo Pereira & Diego J. Perez, 2018. "Wealth Redistribution after Exchange Rate Devaluations," AEA Papers and Proceedings, American Economic Association, vol. 108, pages 552-556, May.
- Silvia Magri, 2002. "Italian households' debt: determinants of demand and supply," Temi di discussione (Economic working papers) 454, Bank of Italy, Economic Research and International Relations Area.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Bogdan Andrei Dumitrescu & Adrian Enciu & Cătălina Adriana Hândoreanu & Carmen Obreja & Florin Blaga, 2022. "Macroeconomic Determinants of Household Debt in OECD Countries," Sustainability, MDPI, vol. 14(7), pages 1-14, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- José Rivero & Graciela Sanroman, 2020. "Household Debt: the Role of Income and Business Ownership in a Small Emerging Country," Documentos de Trabajo (working papers) 0820, Department of Economics - dECON.
- Núria Rodríguez‐Planas, 2018.
"Mortgage finance and culture,"
Journal of Regional Science, Wiley Blackwell, vol. 58(4), pages 786-821, September.
- Rodríguez-Planas, Núria, 2018. "Mortgage Finance and Culture," IZA Discussion Papers 11316, Institute of Labor Economics (IZA).
- Barbara CAVALLETTI & Corrado LAGAZIO & Daniela VANDONE, 2008. "Il credito al consumo in Italia: benessere economico o fragilita’ finanziaria?," Departmental Working Papers 2008-24, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
- Philippe Bracke & Christian Hilber & Olmo Silva, 2014. "Homeownership and Entrepreneurship: The Role of Mortgage Debt and Commitment," CESifo Working Paper Series 5048, CESifo.
- Francisco Gomes & Michael Haliassos & Tarun Ramadorai, 2021.
"Household Finance,"
Journal of Economic Literature, American Economic Association, vol. 59(3), pages 919-1000, September.
- Haliassos, Michael & Gomes, Francisco, 2020. "Household Finance," CEPR Discussion Papers 14502, C.E.P.R. Discussion Papers.
- Gomes, Francisco J. & Haliassos, Michael & Ramadorai, Tarun, 2020. "Household finance," IMFS Working Paper Series 138, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
- Stefano Cosma & Francesco Pattarin, 2012. "Attitudes, personality factors and household debt decisions: A study of consumer credit," Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance) 12021, Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi".
- Philippe Bracke & Christian Hilber & Olmo Silva, 2012.
"Homeownerhip and Entrepreneurship,"
SERC Discussion Papers
0103, Centre for Economic Performance, LSE.
- Bracke, Philippe & Hilber, Christian & Silva, Olmo, 2013. "Homeownership and Entrepreneurship: The Role of Commitment and Mortgage Debt," IZA Discussion Papers 7417, Institute of Labor Economics (IZA).
- Bazillier, Rémi & Héricourt, Jérôme & Ligonnière, Samuel, 2021.
"Structure of income inequality and household leverage: Cross-country causal evidence,"
European Economic Review, Elsevier, vol. 132(C).
- Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2019. "Structure of Income Inequality and Household Leverage: Theory and Cross-Country Evidence," Documents de travail du Centre d'Economie de la Sorbonne 19005, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2021. "Structure of income inequality and household leverage : Cross-country causal evidence," Post-Print halshs-03099741, HAL.
- Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2021. "Structure of income inequality and household leverage : Cross-country causal evidence," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-03099741, HAL.
- Bracke, Philippe & Hilber, Christian A.L. & Silva, Olmo, 2018.
"Mortgage debt and entrepreneurship,"
Journal of Urban Economics, Elsevier, vol. 103(C), pages 52-66.
- Bracke, Philippe & Hilber, Christian & Silva, Olmo, 2015. "Mortgage debt and entrepreneurship," Bank of England working papers 560, Bank of England.
- Bracke, Philippe & Hilber, Christian A. L. & Silva, Olmo, 2018. "Mortgage debt and entrepreneurship," LSE Research Online Documents on Economics 84703, London School of Economics and Political Science, LSE Library.
- Massimiliano Affinito & Raffaele Santioni & Luca Tomassetti, 2023. "Inside household debt: disentangling mortgages and consumer credit, and household and bank factors. Evidence from Italy," Questioni di Economia e Finanza (Occasional Papers) 788, Bank of Italy, Economic Research and International Relations Area.
- Barbara CAVALLETTI & Corrado LAGAZIO & Daniela VANDONE & Elena LAGOMARSINO, 2014. "Consumer debt and financial fragility in Italy," Departmental Working Papers 2014-08, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
- Arango, Luis E. & Cardona-Sosa, Lina, 2023. "Consumer credit in an emerging economy: Demand, supply, and liquidity restrictions," Emerging Markets Review, Elsevier, vol. 54(C).
- Kartik Athreya & Ahmet Akyol, 2007. "Unsecured Credit and Self-Employment," 2007 Meeting Papers 49, Society for Economic Dynamics.
- Barbara Cavalletti & Corrado Lagazio & Daniela Vandone & Elena Lagomarsino, 2012. "The role of financial position on consumer indebted-ness. An empirical analysis in Italy," DEP - series of economic working papers 8/2012, University of Genoa, Research Doctorate in Public Economics.
- Keunbae Ahn, 2021. "Predictable Fluctuations in the Cross-Section and Time-Series of Asset Prices," PhD Thesis, Finance Discipline Group, UTS Business School, University of Technology, Sydney, number 1-2021, January-A.
- Bazillier, Rémi & Héricourt, Jérôme & Ligonnière, Samuel, 2021.
"Structure of income inequality and household leverage: Cross-country causal evidence,"
European Economic Review, Elsevier, vol. 132(C).
- Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2017. "Structure of Income Inequality and Household Leverage: Theory and Cross-Country Evidence," Working Papers 2017-01, CEPII research center.
- Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2019. "Structure of Income Inequality and Household Leverage: Theory and Cross-Country Evidence," Documents de travail du Centre d'Economie de la Sorbonne 19005, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
- Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2019. "Structure of Income Inequality and Household Leverage: Theory and Cross-Country Evidence," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-02079212, HAL.
- Rémi Bazillier & Jérôme Héricourt & Samuel Ligonnière, 2019. "Structure of Income Inequality and Household Leverage: Theory and Cross-Country Evidence," Post-Print halshs-02079212, HAL.
- Stefano Cosma & Francesco Pattarin, 2012. "Attitudes, personality factors and household debt decisions: A study of consumer credit," Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance) 0031, Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi".
- Tami Gurley-Calvez & Josephine Lugovskyy, 2019. "The role of entrepreneurial risk in financial portfolio allocation," Small Business Economics, Springer, vol. 53(4), pages 839-858, December.
- Silvia Magri & Valentina Michelangeli & Sabrina Pastorelli & Raffaella Pico, 2019. "The expansion of consumer credit in Italy and in the Euro Area: what are the drivers and the risks?," Questioni di Economia e Finanza (Occasional Papers) 500, Bank of Italy, Economic Research and International Relations Area.
- Kyle Herkenhoff, 2016.
"The Impact of Consumer Credit Access on Employment, Earnings and Entrepreneurship,"
2016 Meeting Papers
781, Society for Economic Dynamics.
- Kyle Herkenhoff & Gordon Phillips & Ethan Cohen-Cole, 2017. "The Impact of Consumer Credit Access on Employment, Earnings, and Entrepreneurship," Working Papers 2017-011, Human Capital and Economic Opportunity Working Group.
- Kyle Herkenhoff & Gordon Phillips & Ethan Cohen-Cole, 2016. "The Impact of Consumer Credit Access on Employment, Earnings and Entrepreneurship," NBER Working Papers 22846, National Bureau of Economic Research, Inc.
More about this item
Keywords
Household finance; Household debt; Debt to income elasticities;All these keywords.
JEL classification:
- C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
- C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models; Threshold Regression Models
- D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
- G0 - Financial Economics - - General
Statistics
Access and download statisticsCorrections
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:eee:quaeco:v:83:y:2022:i:c:p:52-68. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/620167 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.