Job polarisation and household borrowing

Tutkimustuotos: Kirja/raporttiTutkimusraporttiAmmatillinen

Abstrakti

The last few decades have been accompanied by disruptive changes to the structure of employment which have led to deterioration in demand for middle-skill occupations, a process known as job polarisation. As the demand for middle-skill workers shrinks, expectations about households’ income through their lifetime horizon are adjusted. It is unclear whether these expectations can loop back into the credit system, and affect the lending b ehaviour of credit institutions, or whether this process impacts on the households’ self-assessment of their opportunities to borrow money. In this paper, we study how the process of job polarisation affects credit demand and supply, studying its relationship with credit constraint and credit quality
Alkuperäiskielienglanti
KustantajaEuropean Central Bank
Sivumäärä40
ISBN (elektroninen)978-92-899-5267-5
DOI - pysyväislinkit
TilaJulkaistu - 23 heinäk. 2022
OKM-julkaisutyyppiD4 Julkaistu kehittämis- tai tutkimusraportti taikka -selvitys

Julkaisusarja

NimiWorking paper series - European Central Bank
KustantajaEuropean Central Bank
Numero2683
ISSN (painettu)1725-2806

Tieteenalat

  • 511 Kansantaloustiede
  • työmarkkinoiden polarisaatio
  • kotitalouksien lainanotto
  • työmarkkinat

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