Bayesian Policy Learning Modeling of COVID-19 Interventions: the Impact on Household Debt Repayment in UK and Internationally

2021 ◽  
Author(s):  
E. C. Mamatzakis ◽  
Steven Ongena ◽  
Efthymios G. Tsionas
Keyword(s):  
Policy Learning ◽  
Household Debt ◽  
Debt Repayment ◽  
The Impact

Shale Shocked: Cash Windfalls and Household Debt Repayment

2020 ◽  
Author(s):  
J. Anthony Cookson ◽  
Erik Gilje ◽  
Rawley Heimer
Keyword(s):  
Household Debt ◽  
Debt Repayment

scholarly journals The impact of welfare on household debt

2021 ◽  
Vol 41 (2) ◽  
pp. 154-176
Author(s):  
Martino Comelli
Keyword(s):  
Household Debt ◽  
The Impact

scholarly journals Household debt repayment behaviour: what role do institutions play?

2009 ◽  
Vol 24 (57) ◽  
pp. 107-140 ◽  
Author(s):  
Burcu Duygan-Bump ◽  
Charles Grant
Keyword(s):  
Household Debt ◽  
Debt Repayment

scholarly journals Household Debt Revaluation and the Real Economy: Evidence from a Foreign Currency Debt Crisis

2020 ◽  
Vol 110 (9) ◽  
pp. 2667-2702 ◽  
Author(s):  
Emil Verner ◽  
Győző Gyöngyösi
Keyword(s):  
Foreign Currency ◽  
Debt Crisis ◽  
Spillover Effects ◽  
Household Debt ◽  
Sudden Increase ◽  
Real Economy ◽  
Balance Sheets ◽  
Default Rates ◽  
Foreign Currency Debt ◽  
The Impact

We examine the consequences of a sudden increase in household debt burdens by exploiting variation in exposure to household foreign currency debt during Hungary’s late-2008 currency crisis. The revaluation of debt burdens causes higher default rates and a collapse in spending. These responses lead to a worse local recession, driven by a decline in local demand, and negative spillover effects on nearby borrowers without foreign currency debt. The estimates translate into an output multiplier on higher debt service of 1.67. The impact of debt revaluation is particularly severe when foreign currency debt is concentrated on household, rather than firm, balance sheets. (JEL E21, E32, F34, G51)

scholarly journals Impact of the COVID-19 Pandemic on the Consumer Credit Market in V4 Countries

Risks ◽  
2021 ◽  
Vol 9 (12) ◽  
pp. 229
Author(s):  
Maria Czech ◽  
Blandyna Puszer
Keyword(s):  
Consumer Credit ◽  
Credit Market ◽  
Future Research ◽  
Household Debt ◽  
The Czech Republic ◽  
Regression Methods ◽  
Consumer Loans ◽  
Household Decisions ◽  
The Impact ◽  
Visegrad Group

The aim of this article is to analyse and assess the impact of the COVID-19 pandemic on the consumer credit market in the countries of the Visegrad Group (V4, i.e., the Czech Republic, Poland, Slovakia, and Hungary). There is no doubt that the pandemic has determined the amount of household debt due to consumer credit in the V4 group, and thus the question arises of how the pandemic affects the propensity of households to take out loans and the propensity to lend to them, and therefore whether it affects both the behaviour of borrowers and lenders. The study used the time series and multiple linear regression methods. The results of the study show that the Covid-19 pandemic has determined the level of household debt in the V4 group and is not indifferent to household decisions regarding taking out consumer loans. Although the research is preliminary, it has contributed to some extent to a better understanding of household indebtedness at a time of turbulence and instability resulting from health factors in V4 countries. In the future, this research will serve as the basis for future research on the phenomenon of household indebtedness in other countries.

Shale Shocked: Cash Windfalls and Household Debt Repayment

2020 ◽  
Author(s):  
Tony Cookson ◽  
Erik Gilje ◽  
Rawley Heimer
Keyword(s):  
Household Debt ◽  
Debt Repayment
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