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This Selected Issues paper for the United States discusses the microeconomics of the country—household wealth and …
Persistent link: https://www.econbiz.de/10011244682
This Selected Issues paper analyzes household savings ratio in Spain. The household savings ratio has fallen to its …. Household savings fell across all households, but the declines were likely more material among lower income and highly indebted … groups. Declining household income and savings slowed deleveraging and put household balance sheets under pressure. Looking …
Persistent link: https://www.econbiz.de/10011244773
United Kingdom. Mortgage market liberalization and innovation should reduce household cash flow and collateral constraints …
Persistent link: https://www.econbiz.de/10005263776
panel of advanced economies that greater labor income uncertainty is significantly associated with higher household savings … least two-fifths of the sharp increase in household saving rates between 2007 and 2009 can be attributed to the …
Persistent link: https://www.econbiz.de/10009654146
This paper studies a panel of China's provinces over the period 1996-2009 during which urban household saving rates … increase in real deposit rates may help lower household saving and boost domestic consumption. …
Persistent link: https://www.econbiz.de/10009327862
for this hypothesis, and also suggest that private and government consumption are substitutes in the household utility …
Persistent link: https://www.econbiz.de/10008727794
This paper explores the hypothesis that the propensity to consume out of income is not constant but varies, perhaps in a nonlinear fashion, with fiscal variables. It examines whether there is any empirical evidence to support the hypothesis that households move from non-Ricardian to Ricardian...
Persistent link: https://www.econbiz.de/10005769068
Economic policies are often judged by a handful of statistics, some of which may be biased during periods of change. We estimate the income growth implied by the evolution of food demand and durable good ownership in post-reform Brazil and Mexico, and find that changes in consumption patterns...
Persistent link: https://www.econbiz.de/10005769214
The Korean authorities having taken decisive and proactive fiscal measures to help stem the fallout from the current global economic and financial crisis, with the size of the fiscal stimulus well-above the average response of other G20 economies. In this context, a key question is how effective...
Persistent link: https://www.econbiz.de/10008540935
household consumption in China. The paper first undertakes an empirical study of the relationship between the savings rate and … then applies a generational accounting framework to Chinese household income survey data. This analysis suggests that a … result in a permanent increase the household consumption ratio of 1¼ percentage points of GDP. …
Persistent link: https://www.econbiz.de/10008470372