Household Debt and Consumption Inequality: The Spanish Case

The aim of this paper is twofold. On the one hand, we attempt to find out whether Spanish households took part in a process of substituting loans for wages during the period before the beginning of the current economic crisis. On the other hand, we try to identify the consequences of such process in...

Full description

Bibliographic Details
Main Authors: Gonzalo Paz Pardo, José Manuel Sánchez Santos
Format: Article
Language:English
Published: MDPI AG 2014-07-01
Series:Economies
Subjects:
Online Access:http://www.mdpi.com/2227-7099/2/3/147