Results 1 - 1 of 1 for yield curve has inverted signaling [Author: Don Schlagenhauf]
Household Debt and the Great Recession - Review
In the mid-2000s, household private debt reached a new level 1.2 times larger than personal income—before collapsing during the Great Recession. This article uses microeconomic data to document the main changes in personal debt and explore the behavior of debt across generations over two periods: before and after the Great Recession.
research.stlouisfed.org/.../publications/review/2017-04-12/household-debt-and-the-great-recession
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