Analysis of the Structural Changes in Household Debt Distributions by Householder Age in Korea and in the US
Analysis of the Structural Changes in Household Debt Distributions by Householder Age in Korea and in the US
This paper analyzes how and why household debt distribution by the householder age has changed over the past decade both in Korea and the US. Data shows that the proportion of household debt held by younger households has decreased, while that held by old
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