Financial Distress: Why It Matters for Households and the Macroeconomy

Masataka Mori

Open Vault from Federal Reserve Bank of St. Louis

Abstract: Financial distress, which varies across the U.S., can affect households’ well-being and the economy. Measures of distress can serve as economic indicators.

Keywords: financial distress; household finances; geographic distribution; economic indicators (search for similar items in EconPapers)
Date: 2025-03-25
New Economics Papers: this item is included in nep-fdg
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00100:102939

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