House of debt: how they (and you) caused the great recession, and how we can prevent it from happening again

By: Mian, Atif RContributor(s): Sufi, AmirMaterial type: TextTextPublication details: Chicago The University of Chicago Press 2014Description: 219p. ill. 24 cmISBN: 9780226081946Subject(s): Consumer credit -- United States | Debtor and creditor -- United States | Financial crises -- Prevention | Financial crises -- United States | Foreclosure -- United States | Foreclosure -- United States -- PreventionDDC classification: 330.973​0 MIA
Contents:
Busted; 3. Environment - natural resources and environmental changes; 4. Economy - new opportunities for growth; 5. States and Markets - elements of good investment climate; 6. Global Links - evidence on globalization
Summary: Is it a coincidence that the US witnessed a dramatic rise in household debt in the years before the recession - that the total amount of debt for American households doubled between 2000 and 2007 to
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Suggested by Prof. Diptiranjan Mahapatra

Busted; 3. Environment - natural resources and environmental changes; 4. Economy - new opportunities for growth; 5. States and Markets - elements of good investment climate; 6. Global Links - evidence on globalization

Is it a coincidence that the US witnessed a dramatic rise in household debt in the years before the recession - that the total amount of debt for American households doubled between 2000 and 2007 to 4 trillion? Definitely not. The authors reveal that ex

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