This study evaluated the short-term links between different forms of household debt—credit card debt, student debt, debt from relatives, mortgage debt, car debt, and debt arrears—and life satisfaction. To this end, a longitudinal dataset for the US population from the Panel Study of Income Dynamics (PSID) was used and the propensity score difference-in-differences approach was applied. Credit card debt and student loans negatively impacted life satisfaction in the short term (up to 2 years). Mortgages and external financing for a car, however, were found to increase life satisfaction. The effects associated with the initial uptake and final repayment of a loan turned out to not be symmetrical—the end of any type of loan contract was not related to life satisfaction. In the case of involuntary debt (i.e., mortgage arrears), a significant negative impact on life satisfaction was noted when problems emerged, while a positive effect was found when the debts were paid off.

中文翻译：

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信用好，信用差：债务来源对生活满意度的不同作用

这项研究评估了不同形式的家庭债务——信用卡债务、学生债务、亲属债务、抵押贷款债务、汽车债务和债务拖欠——与生活满意度之间的短期联系。为此，使用了收入动态面板研究 (PSID) 中美国人口的纵向数据集，并应用了倾向评分差异中的差异方法。信用卡债务和学生贷款在短期内（最多 2 年）对生活满意度产生了负面影响。然而，人们发现抵押贷款和汽车的外部融资可以提高生活满意度。与贷款的初始吸收和最终偿还相关的影响结果证明是不对称的——任何类型的贷款合同的结束都与生活满意度无关。在非自愿债务（即抵押欠款）的情况下，