Is household debt inhibiting the recovery?
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);
File format is application/pdf
Description: Full text
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1992
Order Number: 1