U.S. household consumption declined sharply in late 2008, marking a departure from the trend of a steady increase in U … will be sustained beyond the crisis: the U.S. household consumption rate will likely decline somewhat further from its …

This Selected Issues paper for the United States discusses the microeconomics of the country—household wealth and …

1994/95 and 1999/2000 Household Budget Surveys. I employ synthetic cohort techniques to characterize the life cycle profile … of saving rates and to examine the response of household saving to house price appreciation. The analysis suggests that … gap. Also, despite housing being a major component of Irish households, wealth, there is no strong relationship between …

This paper examines the role increasing personal wealth and home equity withdrawal (HEW) have had in the decline in the … United Kingdom. Mortgage market liberalization and innovation should reduce household cash flow and collateral constraints … while making housing wealth more liquid as HEW becomes easier over time. Regression analysis indicates the expected negative …

panel of advanced economies that greater labor income uncertainty is significantly associated with higher household savings …. These results are robust to controlling for other determinants of saving rates, including wealth-to-income ratios, the … least two-fifths of the sharp increase in household saving rates between 2007 and 2009 can be attributed to the …

Household savings rates in the United States have recently crept up from all-time lows. Some have suggested that a … model predicts that such primary savings will increase, but only temporarily and modestly, as household assets stabilize. As …

that in the long term, consumption tracks disposable income closely but is also affected by wealth effects. A …