We use information from the last wave of the Spanish Survey of Households Finance to study the influence of debt on the … smaller MPC than non-indebted households. This negative association increases along with the amount of debt. We also find a …

We use survey questions about spending to investigate features of propensities to consume that are useful for …

Approximately half of credit card holders in the United States regularly carry unpaid credit card debt. These so … substitution away from credit cards to other payment methods. Using data collected in the 2005 Survey of Consumer Payment …

This paper studies the direct impact of households' debt on consumption over the business cycle. We use household … leverage, consumption, and asset prices. We find that debt levels exert a negative impact on consumption, which is particularly …' debt in past periods are not relevant in determining consumption; (ii) households adjust faster their consumption to debt …

dem Household Finance and Consumption Survey für Deutschland aus-gewertet. Es zeigt sich, dass weniger die boomenden … und nur geringe Schulden verfügt. Auch wenn sich keine Zunahme an Ungleichheit zeigt, so hat ein länger anhaltendes …

-) indebtedness which relate household income and debt services to different concepts of subsistence levels, this paper investigates … are likely to cause severe household indebtedness. Unemployment also worsens the relative debt situation mainly due to the …