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Households over-indebtedness in the economic literature

Luisa Anderloni () and Daniela Vandone ()

Departemental Working Papers from Department of Economics University of Milan Italy

Abstract: Over-indebtedness is a multi-faced phenomenon with social, economic, legal and political aspects. In our study we present an analysis of the literature on over-indebtedness. In particular, we look at all surveys which refer to over-indebtedness or financial difficulties of households with the aim to develop our knowledge about the nature and causes of over-indebtedness and to provide an answer to the research question: “who is likely to be over-indebted and what are the main variables that explain this risk”. Most of these studies are related to EU countries and have been published in the last decade.

Keywords: Household indebtedness; over-indebtedness; financial exclusion (search for similar items in EconPapers)
JEL-codes: D14 G20 (search for similar items in EconPapers)
Date: 2008-12-31

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