Personal and corporate sector debt

This article examines the influence of debt on the behaviour of households and firms in the recent recession. It compares the levels of debt in the two sectors in recent years, and the sectors’ reactions to indebtedness. It then considers each sector in turn. Debt was more unevenly spread across bot...

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Bibliographic Details
Main Authors: Devereux, M, Sterne, G, Smith, J
Format: Journal article
Published: 1994