Bover, Olympia, Casado, Jose Maria, Costa, Sónia, Du Caju, Philip, McCarthy, Yvonne, Sierminska, Eva, Tzamourani, Panagiota, Villanueva, Ernesto, Zavadil, Tibor, (2016), “Diverging household debt patterns in the Eurozone: The role of institutions”, VoxEu, 8 Νοεμβρίου
Household micro-data reveal striking differences in secured debt holdings across Eurozone countries. This column presents new evidence on the role of household characteristics and country institutions in accounting for the cross-country patterns observed. In countries with lengthier asset repossession periods, young or low-income households face higher borrowing costs, leading to a lower probability of holding mortgages.
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- Andrésa, Javier, Boscáb, José E., Ferric, Javier, (2016), “Instruments, rules, and household debt: the effects of fiscal policy”, Oxford Economic Papers, 4 Φεβρουαρίου
- Cloyne, James, Ferreira, Clodomiro F.,Surico, Paolo, (2016), “Household debt and the transmission of monetary policy: New evidence”, Voxeu, 21 Απριλίου