Construct · 1 fields · 1 citations

household balance sheet channel: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
household balancesheet channel1 CONSTRUCTHousehold balance sheetMIAN · MACROECONOMICS

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Macroeconomics

the way high household debt and falling house prices cut consumption and deepened the recession.

In macroeconomics, household balance sheet channel refers to the way high household debt and falling house prices cut consumption and deepened the recession. This meaning comes from Mian (2013) in The Quarterly Journal of Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

balance4 fields · 5 citationsjingle · one word, four constructschannel4 fields · 4 citationsjingle · one word, four constructsconsumption3 fields · 5 citationsjingle · one word, three constructs

References

  1. Mian, A., Rao, K., & Sufi, A. (2013). Household Balance Sheets, Consumption, and the Economic Slump. The Quarterly Journal of Economics, 128(4), 1687-1726. https://doi.org/10.1093/qje/qjt020

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