id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
cjfa-18794	Bolibok, Piotr	THE MACROECONOMIC DRIVERS OF HOUSEHOLD DEBT-TO-INCOME RATIO: AN EVIDENCE FROME THE OECD COUNTRIES	2018	14	.pdf	application/pdf	12333	415	49	The variables exhibiting a significant skewness of the distribution have been log-transformed, yielding the following regression model: �� ����� � �� + �� � ������ + �� � �������� + �� � ���� + �� � �� ���� + �� � ������������ + �� � �����+�� � ������+�� � ������� + �� � ����� + �� + ��� where: ‒ �� �����– natural log of the total household debt to net disposable income, ‒ ������ – natural log of the average annual wage (constant PPP), ‒ �� ������ – natural log of the rate of growth in real GDP per person (constant PPP), ‒ ���� – short-term interest rate, ‒ �� ���� – natural log of the unemployment rate, ‒ ������ – housing rent price index, ‒ ������������ – natural log of the share of population aged 25–39, ‒ ����� – the share of population aged 25–64 with tertiary education attainment, – the share of population aged 25–64 with tertiary education attain- ment, ‒ ‒ �� ����� – wage-productivity gap measured as the natural log of the relation of GDP per person employed to average annual wage, ‒ �� ��� – natural log of the Gini coefficient for net disposable income, ‒ ��� ��� � � �� – regression coefficients, ‒ �� – intercept, ‒ �� – unknown intercept for each country, ‒ � – country, ‒ � – year, ‒ ��� – error term. The variables exhibiting a significant skewness of the distribution have been log-transformed, yielding the following regression model: �� ����� � �� + �� � ������ + �� � �������� + �� � ���� + �� � �� ���� + �� � ������������ + �� � �����+�� � ������+�� � ������� + �� � ����� + �� + ��� where: ‒ �� �����– natural log of the total household debt to net disposable income, ‒ ������ – natural log of the average annual wage (constant PPP), ‒ �� ������ – natural log of the rate of growth in real GDP per person (constant PPP), ‒ ���� – short-term interest rate, ‒ �� ���� – natural log of the unemployment rate, ‒ ������ – housing rent price index, ‒ ������������ – natural log of the share of population aged 25–39, ‒ ����� – the share of population aged 25–64 with tertiary education attainment, where: ‒ particular, the evidence based on both broader international data and a wide set of exam- ined explanatory variables remains rather modest.	cache/cjfa-18794.pdf	txt/cjfa-18794.txt