Household leverage and education expenditure: the role of household investment
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DOI: 10.1016/j.frl.2020.101837
Abstract: Abstract Household education expenditure is critical for children's human capital accumulation; however, households may experience leverage load and thus may reduce their spending on children. In this paper, we employ a unique survey conducted by… read more here.
Keywords: education; household; household leverage; education expenditure ... See more keywords
The consumption response to household leverage in China: The role of investment at household level
Sign Up to like & getrecommendations! Published in 2020 at "International Review of Financial Analysis"
DOI: 10.1016/j.irfa.2020.101580
Abstract: Abstract This paper examines whether leverage can improve household consumption and facilitate the consumption upgrading in China. By employing two rounds of Chinese household surveys, our econometric results show that, while household leverage can increase… read more here.
Keywords: household; investment; household leverage; level ... See more keywords