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We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence …
Persistent link: https://www.econbiz.de/10011347156
We investigate the relationship between social interaction and household finances using data from the British Household … household finances and social interaction, rather than focusing one particular facet of household finances, such as the holding … the household balance sheet, i.e. liabilities and assets. Additionally, we allow the influence of social interaction on …
Persistent link: https://www.econbiz.de/10010380024
This paper studies the direct impact of households' debt on consumption over the business cycle. We use household …
Persistent link: https://www.econbiz.de/10013184105
between 2010 and 2014 in Belgium, using panel data from the two waves of the Household Finance and Consumption Survey. Unlike …
Persistent link: https://www.econbiz.de/10012486606
Household debt among older Americans approaching retirement has increased dramatically over the past couple of decades … household survey data to examine how late life debt affects retirement decisions, we find that more indebted older adults are …
Persistent link: https://www.econbiz.de/10012207096
, observed in the Household Finance and Consumption Survey (HFCS) for these countries. We then show that the heterogeneity in … household finances implies that responses of consumption to changes in the real interest rate and in house prices differ … substantially across countries, and within countries by household characteristics such as age, housing tenure, and asset positions …
Persistent link: https://www.econbiz.de/10012133482
When facing financial distress, French households can file a case to a "households' over-indebtedness commission" (HDC). The HDC can order an immediate repayment or grant a debt suspension. Exploiting the random assignment of bankruptcy filings to managers, we show that a debt suspension has a...
Persistent link: https://www.econbiz.de/10011732088
Individuals with extensive debt may be granted debt relief in court. We provide a comprehensive evaluation of the Danish debt relief program with data from court records linked to nationwide register data. Using event-study methods and quasi-random assignment of applicants to court trustees with...
Persistent link: https://www.econbiz.de/10014545212
Household Ethnicity Survey (CHES) to analyze coresidency patterns of rural elders in seven Chinese provinces with high …
Persistent link: https://www.econbiz.de/10010358242
-age children, the gender of the child becomes as important to the analysis as the gender of the parent. With regard to household … composition, we find that in Muslim households the presence of extra adult men (of any age between 15 and 70) in the household … reduces the likelihood that women engage in off-farm work. The presence in the household of a woman of grandmotherly age …
Persistent link: https://www.econbiz.de/10011517636