Household debt is a critical component of family financial management, especially considering the prevalence of credit … constraints. This study investigates the determinants of Chinese household debt structure, focusing on the choice between formal … Family Panel Studies (CFPS) are analyzed using the bi-probit model. The results indicate that higher levels of household …

Rising levels of household indebtedness have created concerns about the vulnerabilities of households to adverse …) for the household sector. Data from an Ipsos Reid Canadian Financial Monitor survey are used to construct the actual DSR …, cross-sectional data are used to estimate debt-growth equations as a function of household income, interest rates and …

study of household finance is challenging because household behavior is difficult to measure accurately, and because …

This paper studies the role of moral hazard and liquidity in driving household bankruptcy. First, I estimate that …

realistic boom in household borrowing, debt-financed consumption, and house prices. This boom results in a larger bust in asset … prices and household borrowing in future financialcrises …

assets, particularly stocks. Using an instrumental variable approach and household survey data, I estimate a lower stock … market participation when the household's home equity is below the exemption level. However, I do not find a stronger …