Is household debt inhibiting the recovery?

David Altig, Susan M. Byrne and Katherine A. Samolyk

Economic Commentary, 1992, issue Feb

Abstract: An examination of the pattern of household debt and asset levels in a historical context, whose results cast doubt on the presumption that heavy consumer debt loads incurred during the 1980s are the cause of the economy's current sluggishness.

Keywords: Consumption; (Economics) (search for similar items in EconPapers)
Date: 1992
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