consumption and hypothetical debt decisions. Our findings suggest that real wealth mediates the sensitivity of consumption to …

consumption and hypothetical debt decisions. Our findings suggest that real wealth mediates the sensitivity of consumption to …

beliefs about nominal debt and their own real net wealth. These changes in beliefs causally affect actual consumption and … hypothetical debt decisions. Our findings suggest that real wealth mediates the sensitivity of consumption to inflation once …

beliefs about nominal debt and their own real net wealth. These changes in beliefs causally affect actual consumption and … hypothetical debt decisions. Our findings suggest that real wealth mediates the sensitivity of consumption to inflation once …

) – do not change their consumption propensities with their inflation expectations. Low-IQ men are also less than half as … cognitive abilities, as well as economic expectations, consumption and borrowing plans, and total household debt from Finland … that operate through household consumption and borrowing decisions …

monetary and fiscal policies that aim to stimulate consumption and borrowing, even when they are financially unconstrained and …

monetary and fiscal policies that aim to stimulate consumption and borrowing, even when they are financially unconstrained and …

) - do not change their consumption propensities with their inflation expectations. Low-IQ men are also less than half as … cognitive abilities, as well as economic expectations, consumption and borrowing plans, and total household debt from Finland … policies that operate through household consumption and borrowing decisions. …

patterns. Our unique microdata include administrative information on cognitive abilities, economic expectations, consumption …