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Household sector borrowing and the burden of debt

Authors :
Canner, Glenn B.
Kennickell, Arthur B.
Luckett, Charles A.
Source :
Federal Reserve Bulletin. April 1995, Vol. 81 Issue 4, p323, 16 p.
Publication Year :
1995

Abstract

The household sector incurred substantial amounts of home mortgage and consumer installment debt during the economic expansion of 1983--89. Household debts grew considerably faster than income, and aggregate debt outstanding [...]

Details

Language :
English
ISSN :
00149209
Volume :
81
Issue :
4
Database :
Gale General OneFile
Journal :
Federal Reserve Bulletin
Publication Type :
News
Accession number :
edsgcl.16927100