In the Red or In the Black? looks at whether household savings serve to protect families from incurring unsecured debt, and in turn, whether the presence of unsecured debt acts as a barrier to savings and wealth accumulation.
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Title: In the Red or In the Black?: Understanding the Relationship Between Household Debt and Assets
Publication date 2008-01-23
Publication Year 2008
, home equity
, financial assets
, Issue/Policy Brief
Resource provided by IssueLab