Relative Income and Indebtedness: Evidence from Panel Data

We examine patterns of indebtedness in the Panel Study of Income Dynamics, focusing on the period surrounding the housing bubble and its aftermath (i.e., 1999–2009). Leverage increased across households, but most quickly among lower income households during this period. We find additionally that lev...

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Bibliographic details
Volume: 61
Main Author: Carr, Michael D
Jayadev, Arjun
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: HOBOKEN Blackwell Publishing Ltd 01.12.2015
WILEY
Wiley Subscription Services, Inc
published in: The Review of income and wealth Vol. 61; no. 4; pp. 759 - 772
Data of publication: 2015-12
ISSN: 0034-6586
1475-4991
EISSN: 1475-4991
Discipline: Economics
Bibliography: Table A1: Descriptive Statistics: 1999-2009 Table A2: Descriptive Statistics by Subprime Lending Rate: 1999-2009
Subjects:
D31
D12
Online Access: available in Bonn?
Database: Istex
Web of Knowledge
Social Sciences Citation Index
Web of Science
Web of Science - Social Sciences Citation Index - 2015
CrossRef
Academic OneFile (A&I only)
Database information Databases - DBIS