Becker Friedman Institute
for Research in Economics
The University of Chicago

Research. Insights. Impact. Advancing the Legacy of Chicago Economics.

A Closer Look at Household Debt and Business Cycles Worldwide

A Closer Look at Household Debt and Business Cycles Worldwide

Is there a link between high levels of household debt and economic downturns? In this talk, Chicago Booth’s Amir Sufi shares evidence on the importance of household debt in driving business cycles, both in the United States and abroad.