Publication type
Journal Article
Authors
Publication date
June 1, 2004
Abstract:
Deteriorating household sector balance sheets were widely thought to have exacerbated the recession in the early 1990s, in recent years households have once more significantly increased their indebtedness; this has been matched in aggregate by an accumulation of financial assets. This article analyses homeowners' financial positions since the late 1980s using disaggregated data, to assess the extent to which debt may exert an important influence on the macroeconomy in the current conjuncture.
Published in
Bank of England Quarterly Bulletin
Volume
Volume: 44 (3):291-301
Subject
Notes
Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*
#508003