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Inadequate household deleveraging : income, debt, and social provisioning

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Debt servicing, aggregate consumption, and growth

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Growth in Consumer Lending as a Temporary Source of Well-Being

Khromov, Michael - 2018

Recovery of consumer lending has facilitated growth in expenditures on ultimate consumption and brought about stability of households' savings amid the ongoing decline of real incomes. However, in the long-term prospect this situation will put at risk both the fi nancial stability of households...

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