.30%. This evidence suggests that credit constraints are relevant in this market. Things change substantially when moving along …

We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit … conducted by the lender between October 2006 and January 2007. We find that individuals who tend to utilize their credit limits … fully do not reduce their demand for credit when subject to increases in interest rates as high as 3 percentage points. This …

Sound household financial conditions are relevant for both financial and monetary stability. Therefore, we analyse … household financial fragility in a sample of euro area countries with the aim to shed some light on the nature of the large debt … increase accumulated in recent years. We focus on household arrears on payment obligations, which are one of the most direct …

How do households adjust to a large debt shock? This paper studies household responses to a revaluation of foreign … currency household debt during a large depreciation in Hungary. Relative to similar local currency debtors, foreign currency …

cars. Moreover, we show that such beliefs also influence household expectations about own income prospects, future access … to credit and financial sentiment, while they do not affect expectations about future taxes, implying no evidence of … Ricardian effects in household behaviour. We find that perceptions affect spending also among households that did not receive …

-adjusted income levels, various socioeconomic characteristics, housing traits, country-specific constant terms, and household …

We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit … conducted by the lender between October 2006 and January 2007. We find that individuals who tend to utilize their credit limits … fully do not reduce their demand for credit when subject to increases in interest rates as high as 3 percentage points. This …

Mortgages constitute the largest part of household debt. An essential choice when taking out a mortgage is between …-country study has analyzed what determines household demand for mortgage types, a task that this paper takes up using new data for … of household risk management: income volatility reduces the take-out of ARMs, while increasing duration and relative size …

estimates the impact of the Covid-19 crisis on consumption. The panel provides, each month, household-specific indicators of the … of government interventions and of another wave of Covid-19, using household-level consumption adjustments to scenarios …