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Attitudes, Personality Factors and Household Debt Decisions: A Study of Consumer Credit

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Bank Strategy, Governance and Ratings

Abstract

From the early 1990s until the triggering of the financial crisis in 2007, household debt increased considerably in numerous countries. This phenomenon concerns not only real estate mortgages but also consumption loans. In addition to the best-known cases, like the United States and Great Britain, various economies of both continental Europe and Eurasia have doubled or tripled the ratio of household debt to GDP, especially since 2000.

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Authors
  1. Stefano Cosma
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  2. Francesco Pattarin
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Editor information

Editors and Affiliations

  1. Bangor Business School, Bangor University, UK

    Philip Molyneux (Professor of Banking and Finance) (Professor of Banking and Finance)

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© 2011 Stefano Cosma and Francesco Pattarin

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Cosma, S., Pattarin, F. (2011). Attitudes, Personality Factors and Household Debt Decisions: A Study of Consumer Credit. In: Molyneux, P. (eds) Bank Strategy, Governance and Ratings. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9780230313866_10

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