Du Caju, Philip; Rycx, François; Tojerow, Ilan - 2016
We study how unemployment affects the over-indebtedness of households using the new European Household Finance and … determine the likelihood of over-indebtedness. We explore these relationships both at the Euro area level and through country … household indebtedness in its most severe form. We also examine the role that each country’s legal and economic institutions …