Household Over-Indebtedness: Definition and Measurement with Italian Data
نویسندگان
چکیده
منابع مشابه
Household indebtedness in Sweden and implications for financial stability - the use of household-level data
Household borrowing has increased considerably in a number of countries over the past two decades, both in absolute terms and relative to household income (see CGFS (2006), BSC (2007), Girouard et al (2007) and Warnock and Warnock (2007)). Two factors that have probably been important in the increase in indebtedness are financial deregulation, which has decreased the level of credit rationing, ...
متن کاملHousehold Indebtedness Risks in the Czech Republic
In the past 20 years the economy of the Czech Republic has experienced substantial changes. In the 1990s the development was affected by the transformation which sought to establish the right conditions for privatization and creation of elementary market relations. In the last decade the characteristic elements such as private ownership and corresponding institutional framework have been streng...
متن کاملHousing Wealth and Household Indebtedness: Is there a Household 'Financial Accelerator'
The ‘financial accelerator’ model when applied to households states that shocks to household balance sheets (primarily changes in house prices) amplify fluctuations in consumer spending by tightening or relaxing collateral constraints on borrowing. We construct an alternative model where households also have access to unsecured debt, and examine the effect of shocks to house prices on debt-fina...
متن کاملHousing Collateral and Household Indebtedness: Is there a Household Financial Accelerator? by
We examine the ‘financial accelerator’ model of household behaviour, whereby shocks to household balance sheets increase the amplitude of fluctuations in consumer spending by tightening or unbinding collateral constraints. We construct an alternative model where households have access to both secured and unsecured debt, and examine the consequences of shocks to household balance sheets (primari...
متن کاملEFFICIENCY MEASUREMENT OF NDEA WITH INTERVAL DATA
Data envelopment analysis (DEA) is a non-parametric technique for evaluation of relative efficiency of decision making units described by multiple inputs and outputs. It is based on solving linear programming problems. Since 1978 when basic DEA model was introduced many its modifications were formulated. Among them are two or multi-stage models with serial or parallel structure often called net...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2013
ISSN: 1556-5068
DOI: 10.2139/ssrn.2243578