Household Leverage and the Recession
August 30, 2018
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Summary
Subject: Consumer credit, Consumption, Credit, Employment, Financial services, Labor, Money, National accounts, Zero lower bound
Keywords: Consumer credit, Consumption, Consumption ratio, Credit, Credit shock, Employment, Equilibrium interest rate, Fed funds rate, Great Recession, Home equity, Household credit limit, Household debt, Implied rate, Interest rate, Marginal utility, Market value, Min consumption ratio, Nominal interest rate, Precautionary savings motive, Regional Evidence, WP, Zero Lower Bound
Publication Details
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Pages:
51
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Volume:
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DOI:
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Issue:
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Series:
Working Paper No. 2018/194
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Stock No:
WPIEA2018194
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ISBN:
9781484373866
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ISSN:
1018-5941
