A number of economists argue that household deleveraging can exert a significant drag on the economic recovery by … household saving rates and changes in debt-to-income ratios. This relationship is however asymmetric, being statistically and … adjustment in saving rates associated with household deleveraging may widely differ across countries and may be overestimated for …

or more of their income. On average, every household saved a good 17 percent of their income in 2013. …

Using micro-level data, we document a systematic, income-related component in household income forecast errors. We show …

Historically high household debt in several economies is calling for a deleveraging, but according to some economists …, this paper finds evidence of a negative relationship between changes of household debt-to-income ratios and saving rates … suggest that the economic cost associated with household deleveraging may be overestimated and motivate a deleveraging via …

Historically high household debt in several economies is calling for a deleveraging, but according to some economists …, this paper finds evidence of a negative relationship between changes of household debt-to-income ratios and saving rates … suggest that the economic cost associated with household deleveraging may be overestimated and motivate a deleveraging via …

household consumption economies of scale increase as the living standard of a household increases. …

effect is mediated through household composition. We use Dutch administrative data on men born in 1944-1947 who were examined …

developments in Greece over the period from 1960 to 2007 and discuss these developments in relation to the issue of external … sustainability. Concerns over Greece's external sustainability have emerged since 1999 when the current account deficit widened …