We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence …

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

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 …

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 …

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

, 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 …

. Information treatments about current and next year's interest rates have a strong effect on household expectations but treatments …