, 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 …

household level data for 2007 and 2009 in the United States - the Survey of Consumer Finances. We find that asset diversity …

digital divide across socioeconomic groups and territories. This paper exploits data from harmonized household expenditure … levels of household consumption and prices of services are two key constraints. One standard deviation increase in household …

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 …

This paper studies the direct impact of households' debt on consumption over the business cycle. We use household …

between 2010 and 2014 in Belgium, using panel data from the two waves of the Household Finance and Consumption Survey. Unlike …

socioeconomic characteristics, housing traits, country-specific constant terms, and household unobserved heterogeneity. We attribute … access to liquidity. Household's reported distress is also affected by excess indebtedness relative to the debt load of … in a growing pool of debt holders. -- Mortgage debt ; credit markets ; financial distress ; household finance ; peer …

We investigate the role of financial advice in shaping the composition of household portfolios in Great Britain. Advice …

We show that household heads with a strong internal economic locus of control are more likely to hold equity and hold a …

category. Background risk exerts a significant impact on household portfolios, resulting in a 'flight from risk', away from …