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Household consumption will be pivotal in the resumption of growth, but consumer concerns about rising household debt may but the brakes on spending

Kelly, Gavin and Whittaker, Matthew (2011) Household consumption will be pivotal in the resumption of growth, but consumer concerns about rising household debt may but the brakes on spending. British Politics and Policy at LSE (13 May 2011) Blog Entry.

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Abstract

The Office for Budget Responsibility has recently suggested that household debt will rise sharply in the next four years, as households compensate for higher costs with greater borrowing. Gavin Kelly and Matthew Whittaker of the Resolution Foundation examine the impacts that higher levels of debt might have on consumer spending and thus the prospects for a growth-led recovery.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2011 the author
Library of Congress subject classification: H Social Sciences > HJ Public Finance
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Sets: Collections > British Politics and Policy at LSE
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 19 May 2011 08:30
URL: http://eprints.lse.ac.uk/36279/

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