IDEAS home Printed from https://ideas.repec.org/p/fip/fednls/87332.html
   My bibliography  Save this paper

Just Released: Shifts in Credit Market Participation over Two Decades

Author

Abstract

The New York Fed's Center for Microeconomic Data today released the Quarterly Report on Household Debt and Credit for the first quarter of 2019. Total household debt grew by $124 billion over the quarter, boosted by increases in mortgage, auto, and student loan balances. Over the past twenty years, the prevalence of each type of credit has waxed and waned, shifts linked to the housing boom, the Great Recession, and the subsequent economic recovery. In this blog post, we draw on the New York Fed's Consumer Credit Panel a nationally representative sample of Equifax credit report data and the basis of our Quarterly Report to explore those longer-term trends in credit market participation.

Suggested Citation

  • Andrew F. Haughwout & Donghoon Lee & Joelle Scally & Wilbert Van der Klaauw, 2019. "Just Released: Shifts in Credit Market Participation over Two Decades," Liberty Street Economics 20190514, Federal Reserve Bank of New York.
    • Handle: RePEc:fip:fednls:87332
    as

    Download full text from publisher

    File URL: https://libertystreeteconomics.newyorkfed.org/2019/05/just-released-shifts-in-credit-market-participation-over-two-decades.html
    Download Restriction: no
    File URL: http://newyorkfed.org/medialibrary/media/research/blog/2019/Blog_charts_participation_2019q1
    File Function: Chart data
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    consumer credit panel; household credit; CCP;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    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:fip:fednls:87332. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Gabriella Bucciarelli (email available below). General contact details of provider: https://edirc.repec.org/data/frbnyus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.