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Boom goes bust goes crisis - Fluctuations in household debt during financial crises in Sweden 1873-2015

Eriksson, Klas LU (2016) EKHM51 20151
Department 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)
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author
Eriksson, Klas LU
supervisor
organization
course
EKHM51 20151
year
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},
  keyword      = {financial crises.,boom and bust,household debt,Fluctuations},
  language     = {eng},
  note         = {Student Paper},
  title        = {Boom goes bust goes crisis - Fluctuations in household debt during financial crises in Sweden 1873-2015},
  year         = {2016},
}