Household debt and the macroeconomy

Klein, Mathias

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DC Field	Value	Language
dc.contributor.advisor	Linnemann, Ludger	-
dc.contributor.author	Klein, Mathias	-
dc.date.accessioned	2017-02-24T07:38:14Z	-
dc.date.available	2017-02-24T07:38:14Z	-
dc.date.issued	2017	-
dc.identifier.uri	http://hdl.handle.net/2003/35830	-
dc.identifier.uri	http://dx.doi.org/10.17877/DE290R-17854	-
dc.description.abstract	This thesis presents four essays that study the determinants of private household debt and the relation between private indebtedness and macroeconomic activity. Chapter 1 shows that inequality and household debt are cointegrated of order one and therefore share a common trending relation. In Chapter 2, I demonstrate that interpersonal comparison is an important driver of short-run credit movements. Chapter 3 points out that the effects of fiscal consolidations crucially depend on the level of private indebtedness. In Chapter 4, I present a model with financial frictions that is able to replicate the empirical responses of household debt and other main macro aggregates to technology shocks and income tax cuts.	en
dc.language.iso	en	de
dc.subject	Private Verschuldung	de
dc.subject	Ungleichheit	de
dc.subject	Fiskalpolitik	de
dc.subject.ddc	330	-
dc.title	Household debt and the macroeconomy	en
dc.type	Text	de
dc.contributor.referee	Winkler, Roland	-
dc.date.accepted	2017-01-31	-
dc.type.publicationtype	doctoralThesis	de
dc.subject.rswk	Einkommensverteilung / Ungleichheit / Private Verschuldung	de
dc.subject.rswk	Fiskalpolitik / Private Verschuldung	de
dcterms.accessRights	open access	-
Appears in Collections:	Lehrstuhl Volkswirtschaftslehre (Wirtschaftspolitik)

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