Household Deleveraging : Why Is Consumer Debt Falling?
Presents data illustrating household deleveraging since 2008 and contrasts this episode to previous trends in household credit use. Presents various explanations for deleveraging, including reduced demand for credit and lender retrenchment. Investigates whether effects of demand, supply, and charge-...
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| Format: | Book |
| Language: | English |
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[Place of publication not identified] :
[publisher not identified],
2011
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