Household debt and country economic growth: Does a magic threshold exist?
Average household debt has now surpassed the level of 2008, which signals an increase in systemic risk and thereby the fragility of the financial system. This paper investigates the effect of household debt on 24 countries’ economic growth. In addition, we also examine whether a tipping point of deb...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universiti Malaysia Sarawak
2021
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| Series: | International Journal of Business and Society
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| Subjects: | |
| Online Access: | View Fulltext in Publisher View in Scopus |