Cyclical Downturn or Structural Transition? Evidence from China’s Household Credit Retrenchment, 2015–2025
Cyclical Downturn or Structural Transition? Evidence from China’s Household Credit Retrenchment, 2015–2025
Household CreditDeleveragingStructural BreakTrend–Cycle DecompositionProperty AdjustmentPrecautionary Saving
Gan, Weixiang, Shashi Kant Guapta, Mengfei Xiao, and Jialin Liu. 2026. “Cyclical Downturn or Structural Transition? Evidence from China’s Household Credit Retrenchment, 2015–2025.” Accounting and Finance Advances, September 2, 3–18. https://doi.org/10.67728/afa.2026.002.