Journal Article
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.
Access Documents
File(s):
File format is text/html
https://fraser.stlouisfed.org/title/economic-commentary-federal-reserve-bank-cleveland-4515/household-debt-inhibiting-recovery-495484
Description: Full Text
Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1992
Issue: Feb
Order Number: 1