Exploring Determinants Of U.S. Household Debt

Indiana University

dc.contributor.author	Turinetti, Erin
dc.contributor.author	Zhuang, Hong
dc.date.accessioned	2021-06-23T15:48:58Z
dc.date.available	2021-06-23T15:48:58Z
dc.date.issued	2011
dc.identifier.citation	Turinetti, Erin, and Hong Zhuang. "Exploring Determinants of U.S. Household Debt". Journal of Applied Business Research (JABR). vol. 27, no. 6, 2011, pp. 85–92
dc.identifier.uri	https://hdl.handle.net/2022/26594
dc.description.abstract	The fast growing household debt in the U.S. has become a concern to the general public and policy makers. This paper attempts to explore the factors influencing the U.S. household indebtedness using quarterly data over the period of 1980-2010 and controlling for the time series issues. The estimated results show that the unemployment rate, interest rate, disposable personal income per capita, share of retiring population, and educational attainment are negatively associated with the household debt, while housing prices, consumer confidence, and the share of working-age population are positively related to the household borrowing. Keywords: Household Indebtedness; Household Debt	en
dc.format.extent	9 pages
dc.format.mimetype	PDF
dc.language.iso	en	en
dc.publisher	Clute Institute	en
dc.subject.lcsh	Consumer credit -- United States
dc.subject.lcsh	Households -- Economic aspects -- United States
dc.title	Exploring Determinants Of U.S. Household Debt	en
dc.type	Article	en