Analysis of Stress level of Korean Household Members due to Household Debt

Debt and Financial Expectations: An Individual and Household Level Analysis

We explore the determinants of debt and growth in debt at the individual and household level. The focus is on the influence of expectations of individuals and households regarding their future financial situation. Our theoretical model predicts a positive association between the quantity of debt and optimism. The empirical findings provide convincing support for our theoretical priors in that o...

The Macroeconomic Transition to High Household Debt

Aggressive deregulation of the household debt market in the early 1980s triggered innovations that greatly reduced the required home equity of U.S. households, allowing them to cash-out a large part of accumulated equity. In 1982, home equity equaled 71 percent of GDP; so this generated a borrowing shock of huge macroeconomic proportions. The combination of increasing household debt from 43 to ...

Household debt and social interactions

Debt-induced crises, including the subprime, are usually attributed exclusively to supply-side factors. We examine the role of social influences on debt culture, emanating from perceived average income of peers. Utilizing unique information from a household survey representative of the Dutch population, that circumvents the issue of defining the social circle, we consider collateralized, consum...

Income Inequality and Household Debt

Community and household socioeconomic factors associated with pesticide-using, small farm household members' health: a multi-level, longitudinal analysis

BACKGROUND Longitudinal studies using multi-level models to examine health inequalities in lower and middle income countries (LMICs) are rare. We explored socio-economic gradients in health among small farm members participating in a pesticide-related health and agriculture program in highland Ecuador. METHODS We profiled 24 communities through key informant interviews, secondary data (percen...