Household Financial Distress and the Burden of'Aggregate'Shocks
The goal of this paper is to show that household-level financial distress (FD) varies greatly,
meaning there is unequal exposure to macroeconomic risk, and that FD can increase …
meaning there is unequal exposure to macroeconomic risk, and that FD can increase …
The Effects of Macroeconomic Shocks: Household Financial Distress Matters
K Athreya, R Mather, J Mustre-del-Rio… - FRB St. Louis Working …, 2019 - papers.ssrn.com
When a macroeconomic shock arrives, variation in household balance-sheet health
(captured by the presence of financial distress" FD"), leads to differential access to credit …
(captured by the presence of financial distress" FD"), leads to differential access to credit …
[PDF][PDF] Household Financial Distress and the Burden of'Aggregate'Shocks
R Mather, J Mustre-del-Rio, JM Sanchez - 2020 - researchgate.net
The goal of this paper is to show that household-level financial distress (FD) varies greatly,
meaning there is unequal exposure to macroeconomic risk, and that FD can increase …
meaning there is unequal exposure to macroeconomic risk, and that FD can increase …
[PDF][PDF] Financial Distress and Macroeconomic Risks
J Mustre-del-Rıo, JM Sánchez, R Mather, K Athreya - 2021 - researchgate.net
This paper investigates how, and how much, household financial distress (FD), arising from
allowing debts to go unpaid, matters for the aggregate and cross-sectional consumption …
allowing debts to go unpaid, matters for the aggregate and cross-sectional consumption …
The Effects of Macroeconomic Shocks: Household Financial Distress Matters
K Athreya, R Mather, J Mustre-del-Rio… - Federal Reserve Bank …, 2024 - papers.ssrn.com
When a macroeconomic shock arrives, variation in household balance sheet health
(captured by the presence of financial distress, or “FD”), leads to differential access to credit …
(captured by the presence of financial distress, or “FD”), leads to differential access to credit …