Auto-regressive Distributed Lag Model for long-run US household debt determinants
US household debt increased on a yearly basis from 1987 to 2007. In addition, household debt in the USA nearly doubled between 2000 and 2007, from $5.6 trillion to $9 trillion. This came to an abrupt end in 2009 with the crash of the financial market. This paper employs the bound test and Auto-regre...
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| Format: | Article |
| Language: | English |
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LLC "CPC "Business Perspectives"
2019-08-01
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| Series: | Investment Management & Financial Innovations |
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| Online Access: | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/12330/IMFI_2019_03_Swanepoel.pdf |