Household debt in Sweden an empirical investigation of the determinants of the debt increase from 1980-2009
The Swedish household debt has been quite high and increasing for the past 30 years. In this thesis I tried to find the underlying reasons for the development in the long-run by using the Engle-Granger two-step model for co-integration but found that there was no co-integration between the household debt to disposable income ratio and the chosen variables. In the short-run analysis I de-trended al