INNOVATION AND LIBERALIZATION ON HOME EQUITY WITHDRAWAL ( HEW) AND SAVING -- IV. TRENDS IN HEWAND HOUSEHOLD SAVING ACROSS … COUNTRIES -- V. HOW DOES HEW AFFECT HOUSEHOLD SAVING? -- VI. ECONOMETRIC ANALYSIS -- VII. RECENT EXPERIENCE OF HEW IN AUSTRALIA …

Although Bosnia and Herzegovina (BiH) has experienced rapid growth in credit to households in recent years, most … individuals are still credit constrained. This paper analyzes the determinants of household credit demand and credit constraints … in BiH. To our knowledge, it is the first study on this topic employing household survey data (2001 and 2004) from …

This paper studies the effects of household income on labor participation and school enrollment of children aged 10 to … 14 in Brazil using a social security reform as a source of exogenous variation in household income. Estimates imply that … the gap between actual and full school enrollment was reduced by 20 percent for girls living in the same household as an …

We leverage survey data from emerging and developing Asia to highlight different aspects of household vulnerability to … income shocks arising from the Covid-19 pandemic: occupation in Cambodia, self-insurance mechanisms in Nepal, and financial … leverage in Vietnam. Occupation and ex-ante income levels emerge as the main drivers of vulnerability. We estimate that the …

Korean household debt has reached 148 percent of disposable income, high by emerging market standards. Most of this … households and increasing their sensitivity to macroeconomic shocks. This paper examines the sources of, and risks from …, household debt by employing stress tests on household level panel data. Results suggest that a 100-300 bps increase in interest …

(EMEs) and Frontier Market Economies (FMEs) from 2005 to 2021. Higher household debt levels and growth are associated with … household debt growth magnifies the impact of US dollar fluctuations on economic activity, with significant but less persistent … effects on consumption and more persistent effects on investment. Our empirical findings highlight the important role of …

unexpected negative income shock hits the economy, we find that a larger and more persistent drop in consumption is observed … income households because they limit the amount they can borrow, DTI caps are beneficial even on distributional grounds in … construct a heterogeneous agent model in which households endogenously determine their housing size and liquid asset levels …

The European debt crisis in the early to mid 2010s brought to the fore the issue of household debt distress: in the … Ukraine on household debt distress …

This paper studies the effects of household income on labor participation and school enrollment of children aged 10 to … 14 in Brazil using a social security reform as a source of exogenous variation in household income. Estimates imply that … the gap between actual and full school enrollment was reduced by 20 percent for girls living in the same household as an …

consumption-saving model with labor income risk and incomplete markets to relate income dynamics to consumption and welfare, and …This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare …. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. component representing …