Du Caju, Philip; Périlleux, Guillaume; Rycx, François; … - 2021
between 2010 and 2014 in Belgium. To do so, we use panel data from the two waves of the Household Finance and Consumption …This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … Survey. Unlike previous studies, we find a negative effect of households' indebtedness on their consumption, even in the …