This paper explores the impact of income inequality on household indebtedness at the household level. Using the first …

This paper explores the impact of income inequality on household indebtedness at the household level. Using the first …

indebtedness in the European Union countries from 1995 to 2019. During that time, household indebtedness reached unprecedented and … well interpreted by the mainstream economics, which advocates that household indebtedness is just an instrument to smooth … household indebtedness depends on seven mainstream and non-mainstream macroeconomic causes, namely housing prices, financial …

. However, financial crises tend to trigger regulatory reforms. Growing household indebtedness and bankruptcies were precursors … evident decline in private and household indebtedness as well as non-performing loans/financing among banks. However …