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For this purpose, we will start with a brief description of the most prominent economic explanations for the development in public debt. We will also consider the phenomenon of public debt by applying psychological insights and more recent theories in the field of behavioural economics.
26 Νοε 2020 · This paper reviews psychological studies of real‐life use of credit, debt, and overindebtedness, with the aim of making policy recommendations that could reduce the damage done by debt to both...
26 Νοε 2020 · Within that constraint, psychological precursors to debt problems, psychological impacts of debt, and psychological strategies to help people get out of debt can be identified. Research results in these areas are used to formulate a series of recommendations that could help mitigate debt problems.
5 Νοε 2024 · public debt, obligations of governments, particularly those evidenced by securities, to pay certain sums to the holders at some future time. Public debt is distinguished from private debt, which consists of the obligations of individuals, business firms, and nongovernmental organizations.
Information on the study's design, sampling method, sample size, psychological tools used, and definition of debt was recorded. Additionally, results on the relationship between debt and depression, anxiety, suicide, and suicide ideation were noted.
Within that constraint, psychological precursors to debt problems, psychological impacts of debt, and psychological strategies to help people get out of debt can be identified. Research results in these areas are used to formulate a series of recommendations that could help mitigate debt problems.
Public debt, sometimes also referred to as government debt, represents the total outstanding debt (bonds and other securities) of a country’s government. It is often expressed as a ratio of Gross Domestic Product (GDP).
