NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Household Debt and Saving During the 2007 Recession

Rajashri Chakrabarti, Donghoon Lee, Wilbert van der Klaauw, Basit Zafar

NBER Working Paper No. 16999
Issued in April 2011

---- Acknowledgements -----

The views expressed are those of the authors and do not necessarily reflect those of the Federal Reserve Bank of New York or the National Bureau of Economic Research. We have benefitted from helpful comments from Andrew Haughwout, Meta Brown and Joseph Tracy. Maricar Mabutas provided excellent research assistance.

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