Household Debt and Covid

21 Pages Posted: 19 Oct 2021

Date Written: June 25, 2021

Abstract

This article explores whether household debt has amplified the impact of the Covid crisis on the economy, and whether it might in future. We examine the impact of the crisis across different households, how they responded, and what implications this has had for household debt burdens so far.

Suggested Citation

Franklin, Jeremy and Green, Georgina and Rice-Jones, Lindsey and Venables, Sarah and Wukovits-Votzi, Teresa, Household Debt and Covid (June 25, 2021). Bank of England Quarterly Bulletin 2021 Q2, Available at SSRN: https://ssrn.com/abstract=3945585

Jeremy Franklin (Contact Author)

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

Georgina Green

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

Lindsey Rice-Jones

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

Sarah Venables

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

Teresa Wukovits-Votzi

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

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