Is Income Inequality Slowing Debt Growth?

January 19th, 2014
in econ_news

Econintersect: Have you ever wondered whether “keeping up with the Joneses” was a significant force behind the great leveraging of households debt leading up to the Great Recession? Was the growth in household borrowing during the mid-2000s driven by credit supply expansions targeted toward lower-income households? How about income inequality - is it slowing debt growth?

Follow up:

In this study, it is best to read the introduction and conclusion first - and then look for the supporting evidence.

[click on image to read study]

source: http://www.richmondfed.org/publications/research/working_papers/2014/pdf/wp14-01.pdf















Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.












 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved