In Australia, financial hardship caused by over-indebtedness is no longer only experienced by the most vulnerable social group but is now prevalent among the general population. This scoping paper analyses the money advice and debt management system in Australia with emphasis on their...

Over-indebtedness, defined as the inability for a household to meet both essential living expenses and debt repayments, continues to be a significant phenomenon throughout Europe. The problem plays out differently in various countries depending on the relevant credit market, culture around...

This scoping paper outlines credit counselling and debt management structures in the United States and their effectiveness in improving consumers' financial management status. First, various public and private credit counselling systems are explained with a focus on each institution's roles and...

We quantify the total stock of balances eligible for the 2022 federal student loan forgiveness policy and explore which groups benefit most. Roughly $441 billion in balances are eligible for forgiveness, which would leave almost 40 percent of federal borrowers with no remaining balance. The...

We explore how personality traits are related to household borrowing behavior. Using survey data representative for the Netherlands, we consider the Big Five personality traits (openness, conscientiousness, agreeableness, extraversion and neuroticism), as well as the belief that one is master of...

Dieser Report analysiert die steigenden Risiken auf dem chinesischen Finanzmarkt und die aktuellen Spannungen auf dem chinesischen Immobilienmarkt. Seit der Einführung der sogenannten drei roten Linien und der Verschärfung der Regelung zu den Kreditaufnahmen für die Unternehmen sind einige...

This article looks at over-indebtedness in Germany and its current status and trends. COVID-19 created increased attention on private debt and over-indebtedness. Various studies within the last two years show the severe financial impact of the pandemic; the situation has only eased in phases, but...

The corona pandemic had a considerable impact on consumers. The difficult situation in numerous sectors of the economy has led to financial burdens for many households. Despite repeated warnings announcing significantly increasing debts, the number of new payment arrears during the past two...

Over-indebtedness of private households has been a problem in Germany for decades. Over-indebtedness depends on both the economic and financial vulnerability of people and their resilience potential. Social, economic and individual causes and triggers overlap in the process of over-indebtedness....

This article describes the development of the needs-weighted net household income of persons in private households in Germany since the year 2000. It also focuses on the presentation of the prevalence and amount of credit debts of private households. The central result is that the share of...

Eine Stärkung der Sozialen Schuldnerberatung in Deutschland ist sozial und ökonomisch sinnvoll. Mit vier Ansatzpunkten könnte diese Stärkung bewirkt werden. Ob und, wenn ja, welche dieser Ansatzpunkte in den nächsten Jahren realisiert werden können, hängt allerdings wesentlich vom...

We use an agent-based stock-flow consistent model of a closed economy without technological change that considers different classes of households, status consumption and a Minskyan banking sector to analyze the relationship between rising saving rates, the accumulation and distribution of...

This paper examines the usefulness of logit regression in forecasting the consumer bankruptcy of households using an imbalanced dataset. The research on consumer bankruptcy prediction is of paramount importance as it aims to build statistical models that can identify consumers in a difficult...

We study consumer debt relief as a tool of distributive politics and ask if debt relief can influence elections. We utilize quasi-experimental variation generated by a very large debt relief program enacted in the Republic of Georgia by a private foundation that affected every sixth voter. We...

Against the background of the need for alternative and additional financing channels for SMEs in Europe, this paper analyses the market segment of debt funds and provides comprehensive insight into ESG considerations in the lending strategy of private debt funds. The paper is based on the...

This article looks at over-indebtedness in Germany and its current status and trends. COVID-19 created increased attention on private debt and over-indebtedness. Various studies within the last two years show the severe financial impact of the pandemic; the situation has only eased in phases, but...

The corona pandemic had a considerable impact on consumers. The difficult situation in numerous sectors of the economy has led to financial burdens for many households. Despite repeated warnings announcing significantly increasing debts, the number of new payment arrears during the past two...

Over-indebtedness of private households has been a problem in Germany for decades. Over-indebtedness depends on both the economic and financial vulnerability of people and their resilience potential. Social, economic and individual causes and triggers overlap in the process of over-indebtedness....

This article describes the development of the needs-weighted net household income of persons in private households in Germany since the year 2000. It also focuses on the presentation of the prevalence and amount of credit debts of private households. The central result is that the share of...

Eine Stärkung der Sozialen Schuldnerberatung in Deutschland ist sozial und ökonomisch sinnvoll. Mit vier Ansatzpunkten könnte diese Stärkung bewirkt werden. Ob und, wenn ja, welche dieser Ansatzpunkte in den nächsten Jahren realisiert werden können, hängt allerdings wesentlich vom...

Dieser Report analysiert die steigenden Risiken auf dem chinesischen Finanzmarkt und die aktuellen Spannungen auf dem chinesischen Immobilienmarkt. Seit der Einführung der sogenannten drei roten Linien und der Verschärfung der Regelung zu den Kreditaufnahmen für die Unternehmen sind einige...