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Economic commentaries

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Academic year: 2022

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Debt and financial assets for groups of households, defined according to income, age and debt-to-income ratio, have been analysed to estimate each group’s share of total

Percentage of private households 1) with net debt ratio 2) of more than 500 per cent by net debt ratio. 2) Net debt ratio equals debt minus bank deposits as a percentage

To enable com- parisons across time and countries, debt is usually measured as a share of GDP.5 We can write debt, the primary surplus (the difference between tax revenues

High income groups have been able to maintain a high level of debt to income, but have increased their holdings of liquid financial assets.. Lower income groups take on less

Even though debt burdens have risen to historically high levels, the share of debt held by households with poor debt-servicing capacity and low collateral has fallen since

When we include the cost of debt finance, but not adjustment costs, we see that firms with a high debt ratio act as if they face a higher user price.. This is

 Mines, produces and sells copper, zinc, lead, silver and gold.  Five mining areas and