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Keywords: Liabilities
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Journal Articles
Journal:
Studies in Economics and Finance
Studies in Economics and Finance (2017) 34 (2): 194–212.
Published: 05 June 2017
...Merike Kukk Purpose The paper aims to investigate the impact of financial liabilities on households’ holdings of financial assets. The debt-to-income ratio of the household sector increased from 75 per cent in 2000 to 99 per cent in 2010 in the euro area on average, and the rapid accumulation...
