Abstract
Household debt is at a record high relative to disposable income. Some analysts are concerned that this unprecedented level of debt might pose a risk to the financial health of American households and ultimately lead them to curtail their spending.1
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Maki, D.M. (2002). The Growth of Consumer Credit and the Household Debt Service Burden. In: Durkin, T.A., Staten, M.E. (eds) The Impact of Public Policy on Consumer Credit. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-1415-2_3
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DOI: https://doi.org/10.1007/978-1-4615-1415-2_3
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