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Consumer Debt and Financial Fragility: Evidence from Italy

Author

Listed:
  • Barbara Cavalletti

    (Università degli Studi di Genova)

  • Corrado Lagazio

    (Università degli Studi di Genova)

  • Elena Lagomarsino

    (Università degli Studi di Genova)

  • Daniela Vandone

    (Università degli Studi di Milano)

Abstract

This paper focuses on the consumer credit market in Italy and the related risk of over-indebtedness. Using panel data from the Survey on Household Income and Wealth, we investigate the role of households financial fragility on the use and increase in consumer debt over time, evaluating, in particular, whether there exists a statistically significant relationship between the growth in the use of consumer credit and the increase in the proportion of indebted households that are in a negative financial situation.

Suggested Citation

  • Barbara Cavalletti & Corrado Lagazio & Elena Lagomarsino & Daniela Vandone, 2020. "Consumer Debt and Financial Fragility: Evidence from Italy," Journal of Consumer Policy, Springer, vol. 43(4), pages 747-765, December.
    • Handle: RePEc:kap:jcopol:v:43:y:2020:i:4:d:10.1007_s10603-020-09458-w
    DOI: 10.1007/s10603-020-09458-w
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    Cited by:

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    2. Weng, Hsu-Chi & Hermansson, Cecilia, 2024. "Behavioral intention, personality and consumer credit use," Working Paper Series 24/8, Royal Institute of Technology, Department of Real Estate and Construction Management & Banking and Finance.
    3. 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.
    4. Massimiliano Affinito & Federica Sabbi & Raffaele Santioni & Francesco Santorelli, 2024. "Types of consumer credit and bank distribution channels: insights from Italy," Questioni di Economia e Finanza (Occasional Papers) 879, Bank of Italy, Economic Research and International Relations Area.

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