estimates the impact of the Covid-19 crisis on consumption. The panel provides, each month, household-specific indicators of the … concern causes a significant reduction in nondurable consumption. The paper also explores the potential impact on consumption … of government interventions and of another wave of Covid-19, using household-level consumption adjustments to scenarios …

consumption and hypothetical debt decisions. Our findings suggest that real wealth mediates the sensitivity of consumption to …

-44 year-old winning; (iii) losses were quite uniform across consumption quantiles because rigid rents served as a hedge for …

The study quantifies stock market and housing market wealth effects on households' non-durable consumption using …

governments use to affect mortgage-financed home-ownership. In the empirical part, real mortgage debt growth is analysed for 15 EU …

framework for analysing the household flow of funds jointly with consumption. The consumption function incorporates household … interest rates. In a general equilibrium setting, these all have to be endogenised and since households make consumption and …

consumption, construction and the banking system. This paper examines links for Germany between household portfolios, income and … consumption in a six-equation system, for 1980-2012 data, for consumption, house prices, consumer credit, housing loans, liquid … find evidence of well specified consumption and house price functions and that Germany differs greatly from the Anglo …

We revisit the transmission mechanism of monetary policy for household consumption in a Heterogeneous Agent New … intertemporal substitution drives virtually all of the transmission from interest rates to consumption. …