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

Abstract

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

Georgiou, Miltiades N., Household Debt to Household Income vs Government Debt to GDP: An Empirical Analysis with Panel Data in Europe (November 8, 2011). Available at SSRN: https://ssrn.com/abstract=1956522 or http://dx.doi.org/10.2139/ssrn.1956522

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