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This paper discusses the evolution of the household debt in Australia and finds that while higher-income and higher … depending on the level of household debt. The results corroborate other work that households' response to monetary policy shocks …
Persistent link: https://www.econbiz.de/10012019787
We estimate the subnational employment and GDP multiplier of Brazil's 2020 federal cash transfers to vulnerable households. Using two-stage least squares regressions we estimate a formal employment multiplier and then apply an analytical transformation to recover an implied GDP multiplier in the...
Persistent link: https://www.econbiz.de/10013169975
as a mechanism for smoothing household consumption following negative aggregate shocks. Our results suggest that mortgage …
Persistent link: https://www.econbiz.de/10013170081
different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to …
Persistent link: https://www.econbiz.de/10012796185
Historically high household debt in several economies is calling for a deleveraging, but according to some economists …, this paper finds evidence of a negative relationship between changes of household debt-to-income ratios and saving rates … suggest that the economic cost associated with household deleveraging may be overestimated and motivate a deleveraging via …
Persistent link: https://www.econbiz.de/10012796301
expansion of the service sector. Using household data, we provide evidence consistent with a U-shaped relationship between …
Persistent link: https://www.econbiz.de/10012613393
This paper estimates the household income growth rates implied by food demand in a sample of urban Chinese households …
Persistent link: https://www.econbiz.de/10012667425
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