Household Debt to Household Income vs Government Debt to GDP: An Empirical Analysis with Panel Data in Europe
10 Pages Posted: 8 Nov 2011
Date Written: November 8, 2011
In the present paper it will be pointed out with a panel data econometric model that there is a trade-off between government debt to GDP and the household debt to total household income. The estimation of the model is made feasible through the Eviews software package. This finding can be of use to policy makers.
Keywords: Econometric models with panel data (single equation), Government Debt, Household Debt, Consumption, Banking, Economic Policy, European Union, Economic Growth, Unemployment, Entrepreneurship
JEL Classification: C23, E62, E21, G21, E6, F, F43, J6, L26
Suggested Citation: Suggested Citation