Browsing by Author "Pasini, Giacomo"
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Household Debt and Social Interactions
Georgarakos, Dimitris; Haliassos, Michalis; Pasini, Giacomo (2013-12-06)Can concern with relative standing, which has been shown to influence consumption and labor supply, also increase borrowing and the likelihood of financial distress? We find that perceived peer income contributes to debt ...