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The deleveraging of U.S. households since the financial crisis

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  • Juan M. Sanchez

Abstract

While households decreased credit card debt between 2007 and 2010, the process varied by education level between the extensive margin (how many households borrowed) and the intensive margin (how much households borrowed).

Suggested Citation

  • Juan M. Sanchez, 2014. "The deleveraging of U.S. households since the financial crisis," Economic Synopses, Federal Reserve Bank of St. Louis, issue 5.
    • Handle: RePEc:fip:fedles:00005
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    Cited by:

    1. Daniel O. Beltran & Mohammad R. Jahan-Parvar & Fiona A. Paine, 2021. "Optimizing Credit Gaps for Predicting Financial Crises: Modelling Choices and Tradeoffs," International Finance Discussion Papers 1307, Board of Governors of the Federal Reserve System (U.S.).

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