Household leverage ratios: Debt to disposable income
FRBSF Economic Letter: Global Household Leverage, House Prices, and Consumption (2010-01, 1/11/2010):
"From 1997 to 2007, the U.S. household leverage ratio rose by 42 percentage points. Other countries experienced a greater increase in household leverage over the same period, including Ireland (+85 points), Netherlands (+82 points), Denmark (+69 points), Portugal (+65 points), Spain (+52 points), United Kingdom (+52 points), and Norway (+50 points). At the other end of the spectrum, leverage ratios rose only modestly in Austria (+13 points), Belgium (+14 points), and France (+15 points), while they actually declined in Germany (-2 points) and Japan (-5 points)."
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