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What is Impact of TV on Household Debt about?

This document summarizes a research paper that examines the role of television in household debt levels during the 1950s. The researchers exploit the uneven spread of television across different markets to study how access to early television may have impacted debt. Their analysis finds that households with earlier television access had higher rates of borrowing for durable goods and were more likely to carry debt. However, television access did not correlate with overall higher non-mortgage debt levels. Th

Author

GlobalMacroForum

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EN