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Ulrike Steins

PhD Candidate in Economics, Bonn Graduate School of Economics

By this expert

Modigliani Meets Minsky: Inequality, Debt, and Financial Fragility in America, 1950-2016

Paper Working Paper Series | By Alina Bartscher, Moritz Kuhn, Moritz Schularick, and Ulrike Steins | May 2020

Increased borrowing by middle-class families with low income growth played a central role in rising indebtedness