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.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 9123
- Klassifikation
-
Wirtschaft
Macroeconomics: Consumption; Saving; Wealth
Current Account Adjustment; Short-term Capital Movements
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
- Thema
-
household borrowing
trade balance
dynamic effects
panel ARDL model
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Xu, Can
Jacobs, Jan
de Haan, Jakob
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and Ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Xu, Can
- Jacobs, Jan
- de Haan, Jakob
- Center for Economic Studies and Ifo Institute (CESifo)
Entstanden
- 2021
Ähnliche Objekte (12)
Household optimism and borrowing
Does Interbank Borrowing Reduce Bank Risk?
Job polarisation and household borrowing
Foreign-law bonds : Can they reduce sovereign borrowing costs?
Foreign-law bonds: Can they reduce sovereign borrowing costs?
Foreign-Law Bonds: Can They Reduce Sovereign Borrowing Costs?
Foreign Law Bonds: Can They Reduce Sovereign Borrowing Costs?
Foreign-Law Bonds: Can They Reduce Sovereign Borrowing Costs?
Foreign-law bonds: can they reduce sovereign borrowing costs?
Mortgage design, repayment schedules, and household borrowing
Default Option, Risk-Aversion and Household Borrowing Behaviour
Interaction between housing prices and household borrowing in Finland
Household optimism and borrowing
Does Interbank Borrowing Reduce Bank Risk?
Job polarisation and household borrowing
Foreign-law bonds : Can they reduce sovereign borrowing costs?
Foreign-law bonds: Can they reduce sovereign borrowing costs?
Foreign-Law Bonds: Can They Reduce Sovereign Borrowing Costs?
Foreign Law Bonds: Can They Reduce Sovereign Borrowing Costs?
Foreign-Law Bonds: Can They Reduce Sovereign Borrowing Costs?
Foreign-law bonds: can they reduce sovereign borrowing costs?
Mortgage design, repayment schedules, and household borrowing
Default Option, Risk-Aversion and Household Borrowing Behaviour
Interaction between housing prices and household borrowing in Finland
Household optimism and borrowing
Does Interbank Borrowing Reduce Bank Risk?
Job polarisation and household borrowing
Foreign-law bonds : Can they reduce sovereign borrowing costs?
Foreign-law bonds: Can they reduce sovereign borrowing costs?
Foreign-Law Bonds: Can They Reduce Sovereign Borrowing Costs?
Foreign Law Bonds: Can They Reduce Sovereign Borrowing Costs?
Foreign-Law Bonds: Can They Reduce Sovereign Borrowing Costs?
Foreign-law bonds: can they reduce sovereign borrowing costs?
Mortgage design, repayment schedules, and household borrowing
Default Option, Risk-Aversion and Household Borrowing Behaviour