Giovanni D’Alessio|Stefano Iezzi
Household Over-Indebtedness: Definition and Measurement with Italian Data
last decade seen significant increases consumer indebtedness western countries causing concern economic social impact particular overindebtedness attracting attention national international authorities potential effect sustainability households indebtedness stability financial system social point view excessive accumulation debts accompanied households liquidity constraints causes deterioration households social economic wellbeing thus leading long term social exclusion poverty aim paper present analyze main measures overindebtedness used literature particular paper uses data italian survey household income wealth extend existing knowledge possible ways measuring economic difficulty overindebtedness traditional new measures overindebtedness subsequently compared measures poverty order disentangle relationship two phenomena