Arbeitspapier
Does Household Borrowing Reduce the Trade Balance? Evidence from Developing and Developed Countries
We examine the dynamic impact of household borrowing on the trade balance using data from 33 developing countries and 36 developed countries over the 1980-2017 period. Our findings suggest that the impact of household borrowing on the trade balance is by and large negative, both in the short and long run. We show that household borrowing’s adverse effects on the trade balance are more pronounced but less persistent in developing countries.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 9123
- Classification
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Wirtschaft
Macroeconomics: Consumption; Saving; Wealth
Current Account Adjustment; Short-term Capital Movements
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
- Subject
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household borrowing
trade balance
dynamic effects
panel ARDL model
- Event
-
Geistige Schöpfung
- (who)
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Xu, Can
Jacobs, Jan
de Haan, Jakob
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and Ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2021
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Xu, Can
- Jacobs, Jan
- de Haan, Jakob
- Center for Economic Studies and Ifo Institute (CESifo)
Time of origin
- 2021
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Household optimism and borrowing
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Job polarisation and household borrowing
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Mortgage design, repayment schedules, and household borrowing
Default Option, Risk-Aversion and Household Borrowing Behaviour
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Does Household Borrowing Reduce the Trade Balance? Evidence from Developing and Developed Countries
Household optimism and borrowing
Job polarisation and household borrowing
Job polarisation and household borrowing
Does Interbank Borrowing Reduce Bank Risk?
Mortgage design, repayment schedules, and household borrowing
Default Option, Risk-Aversion and Household Borrowing Behaviour
Foreign Law Bonds: Can They Reduce Sovereign Borrowing Costs?
Foreign-law bonds: Can they reduce sovereign borrowing costs?
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