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Households over-indebtedness in the economic literature

Author

Listed:
  • Luisa ANDERLONI
  • Daniela VANDONE

Abstract

Over-indebtedness is a multi-faced phenomenon with social, economic, legal and political aspects. In our study we present an analysis of the literature on over-indebtedness. In particular, we look at all surveys which refer to over-indebtedness or financial difficulties of households with the aim to develop our knowledge about the nature and causes of over-indebtedness and to provide an answer to the research question: “who is likely to be over-indebted and what are the main variables that explain this risk”. Most of these studies are related to EU countries and have been published in the last decade.

Suggested Citation

  • Luisa ANDERLONI & Daniela VANDONE, 2008. "Households over-indebtedness in the economic literature," Departmental Working Papers 2008-46, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    • Handle: RePEc:mil:wpdepa:2008-46
    as

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    File URL: http://wp.demm.unimi.it/files/wp/2008/DEMM-2008_046wp.pdf
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    References listed on IDEAS

    as
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    2. Ana del Río & Garry Young, 2005. "The impact of unsecured debt on financial distress among British households," Working Papers 0512, Banco de España.
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    7. Kasper Roszbach, 2004. "Bank Lending Policy, Credit Scoring, and the Survival of Loans," The Review of Economics and Statistics, MIT Press, vol. 86(4), pages 946-958, November.
    8. John Whitley & Richard Windram & Prudence Cox, 2004. "An empirical model of household arrears," Bank of England working papers 214, Bank of England.
    9. Luisa Anderloni, 2007. "Migrants and Remittances," Springer Books, in: Luisa Anderloni & Maria Debora Braga & Emanuele Maria Carluccio (ed.), New Frontiers in Banking Services, chapter 10, pages 353-371, Springer.
    10. Gloukoviezoff, Georges,, 2006. "Surendettement des particuliers en France : quels rôles pour les syndicats?," ILO Working Papers 993913233402676, International Labour Organization.
    11. Adele Atkinson & Stephen McKay & Sharon Collard & Elaine Kempson, 2007. "Levels of Financial Capability in the UK," Public Money & Management, Taylor & Francis Journals, vol. 27(1), pages 29-36, February.
    12. Giuseppe Bertola & Richard Disney & Charles Grant (ed.), 2006. "The Economics of Consumer Credit," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262026015, April.
    13. Avery, Robert B. & Calem, Paul S. & Canner, Glenn B., 2004. "Consumer credit scoring: Do situational circumstances matter?," Journal of Banking & Finance, Elsevier, vol. 28(4), pages 835-856, April.
    14. Sarah Bridges & Richard Disney, 2004. "Use of credit and arrears on debt among low-income families in the United Kingdom," Fiscal Studies, Institute for Fiscal Studies, vol. 25(1), pages 1-25, March.
    15. Rinaldi, Laura & Sanchis-Arellano, Alicia, 2006. "Household debt sustainability: what explains household non-performing loans? An empirical analysis," Working Paper Series 570, European Central Bank.
    16. Charles Grant & Mario Padula, 2006. "Informal Credit Markets, Judicial Costs and Consumer Credit: Evidence from Firm Level Data," CSEF Working Papers 155, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
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    1. Will coronavirus accelerate the move towards a cashless economy?
      by bbatiz in The Cashless Society on 2020-09-08 16:54:28

    Citations

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    Cited by:

    1. Goode, Jackie, 2012. "Brothers are doing it for themselves?: Men's experiences of getting into and getting out of debt," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 41(3), pages 327-335.
    2. Khandker, Shahidur R. & Faruqee, Rashid & Samad, Hussain A., 2013. "Are microcredit borrowers in Bangladesh over-indebted ?," Policy Research Working Paper Series 6574, The World Bank.
    3. Luisa ANDERLONI & Daniela VANDONE, 2011. "Vulnerabilità e benessere delle famiglie italiane," Departmental Working Papers 2011-40, Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano.
    4. Chichaibelu, Bezawit Beyene & Waibel, Hermann, 2017. "Borrowing from “Pui” to Pay “Pom”: Multiple Borrowing and Over-Indebtedness in Rural Thailand," World Development, Elsevier, vol. 98(C), pages 338-350.

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    More about this item

    Keywords

    Household indebtedness; over-indebtedness; financial exclusion;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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