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European Central Bank Essay

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WO R K I N G PA P E R S E R I E S
N O. 5 7 0 / JA N UA RY 2 0 0 6

HOUSEHOLD DEBT SUSTAINABILITY WHAT EXPLAINS HOUSEHOLD NON-PERFORMING LOANS? AN EMPIRICAL ANALYSIS

by Laura Rinaldi and Alicia Sanchis-Arellano

WO R K I N G PA P E R S E R I E S
N O. 5 7 0 / J A N UA RY 2 0 0 6

HOUSEHOLD DEBT SUSTAINABILITY WHAT EXPLAINS HOUSEHOLD NON-PERFORMING LOANS? AN EMPIRICAL ANALYSIS
by Laura Rinaldi and Alicia Sanchis-Arellano
1

2

3

In 2006 all ECB publications will feature a motif taken from the €5 banknote.

This paper can be downloaded without charge from http://www.ecb.int or from the Social Science Research Network electronic library at http://ssrn.com/abstract_id=872528.

1 The authors would like to thank Philip Davis, Paul De Grauwe, Chiara Osbat, Huw Pill, Thomas Werner, and Thomas Westermann for their very useful comments. Usual disclaimers apply. This paper was prepared when Alicia Sanchis was working at the ECB as National Expert on a secondment from the Banco de España and Laura Rinaldi was intern at the ECB. The views expressed in this paper are those of the authors and do not necessarily express the views of the ECB. 2 University of Leuven, Center for Economic Studies, Naamsestraat 69, B-3000 Leuven, Belgium; e-mail: Laura.Rinaldi@econ.kuleuven.be 3 Bank of Spain, Alcalá 50, E-28014 Madrid, Spain; e-mail: asanchis@bde.es

© European Central Bank, 2006 Address Kaiserstrasse 29 60311 Frankfurt am Main, Germany Postal address Postfach 16 03 19 60066 Frankfurt am Main, Germany Telephone +49 69 1344 0 Internet http://www.ecb.int Fax +49 69 1344 6000 Telex 411 144 ecb d All rights reserved. Any reproduction, publication and reprint in the form of a different publication, whether printed or produced electronically, in whole or in part, is permitted only with the explicit written authorisation of the ECB or the author(s). The views expressed in this paper do not necessarily reflect those of the European Central Bank. The statement of...

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"European Central Bank". Anti Essays. 18 Dec. 2018

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European Central Bank. Anti Essays. Retrieved December 18, 2018, from the World Wide Web: http://parimatch-stavka7.com/free-essays/European-Central-Bank-384352.html


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