Housing prices and household borrowing are expected to be tightly connected to each other. Better availability of …, housing prices may significantly influence household borrowing through various wealth effects. Employing time series … by households. It appears that there is no similar relationship between stock price movements and household borrowing …

lab experiment, participants can purchase goods by borrowing against their future income. We exogenously manipulate income … and borrowing behavior in a representative survey (GSOEP-IS). …

's vulnerability to periods of heightened risk and uncertainty. This paper develops a framework to evaluate such vulnerabilities. It … and explore how they are affected by domestic and global risk. We apply this framework to ten OECD economies, showing the … Kingdom, show that a substantial degree of international risk sharing can occur through current accounts and international …