Introducing a Credit Bureau-Based Measure of U.S. Household Debt Service
Year: 2024
Type: article
Abstract: Each quarter, the Board publishes an estimate of the ratio of aggregate required household debt service payments to income. The numerator of this Debt Service Ratio (DSR) is calculated using estimates of the outstanding balances of household debts in various product categories, their average interest rates, and times until maturity.
Source: FEDS Notes
Author: Daniel Ringo
Institutions: Federal Reserve, Federal Reserve Board of Governors
Language: English
Topic: Housing Market and Economics
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4402454393