Boom goes bust goes crisis - Fluctuations in household debt during financial crises in Sweden 1873-2015
(2016) EKHM51 20151Department of Economic History
- Abstract
- In this thesis I examine fluctuations and growth rates of household debt before, during and after financial crises in Sweden 1873-2015. The results show similar patterns in fluctuations between crisis and their adjacent years in Sweden. The results also show a significantly higher volatility of household debt growth rate fluctuations before, during and after financial crises compared to the rest of the period. Through previous research and with the Kindleberger-Minksy-theory as a theoretical framework I argue that the fluctuation patterns and its volatility is a good indicator for predicting future financial crisis in Sweden. Given the fluctuation of household debt growth rate of recent years I argue that Sweden is not heading for... (More)
- In this thesis I examine fluctuations and growth rates of household debt before, during and after financial crises in Sweden 1873-2015. The results show similar patterns in fluctuations between crisis and their adjacent years in Sweden. The results also show a significantly higher volatility of household debt growth rate fluctuations before, during and after financial crises compared to the rest of the period. Through previous research and with the Kindleberger-Minksy-theory as a theoretical framework I argue that the fluctuation patterns and its volatility is a good indicator for predicting future financial crisis in Sweden. Given the fluctuation of household debt growth rate of recent years I argue that Sweden is not heading for financial crisis in the near future. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8883365
- author
- Eriksson, Klas LU
- supervisor
- organization
- course
- EKHM51 20151
- year
- 2016
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- financial crises., boom and bust, household debt, Fluctuations
- language
- English
- id
- 8883365
- date added to LUP
- 2016-08-01 08:56:07
- date last changed
- 2016-08-01 08:56:07
@misc{8883365, abstract = {{In this thesis I examine fluctuations and growth rates of household debt before, during and after financial crises in Sweden 1873-2015. The results show similar patterns in fluctuations between crisis and their adjacent years in Sweden. The results also show a significantly higher volatility of household debt growth rate fluctuations before, during and after financial crises compared to the rest of the period. Through previous research and with the Kindleberger-Minksy-theory as a theoretical framework I argue that the fluctuation patterns and its volatility is a good indicator for predicting future financial crisis in Sweden. Given the fluctuation of household debt growth rate of recent years I argue that Sweden is not heading for financial crisis in the near future.}}, author = {{Eriksson, Klas}}, language = {{eng}}, note = {{Student Paper}}, title = {{Boom goes bust goes crisis - Fluctuations in household debt during financial crises in Sweden 1873-2015}}, year = {{2016}}, }