High household wealth is often cited as a key strength of the Italian economy. Both in absolute terms and relative to … income, the Italian household sector is wealthier than most euro area peers. A sizable fraction of this wealth is held by the … rich and upper middle classes. This paper documents the changes in the Italian household sector's financial wealth over the …

-leverage regime. The model accounts for 69 percent of the household debt buildup and 53 percent of the rise in housing prices during …

wealth are closely linked to household characteristics, including income and demographic factors. Finally, underlying … structural changes in household characteristics point to potentially lower aggregate MPCs from wealth going forward …This paper analyzes the existence of 'wealth effects' derived from net equity (in the form of housing, financial assets …

This paper examines the role increasing personal wealth and home equity withdrawal (HEW) have had in the decline in the … United Kingdom. Mortgage market liberalization and innovation should reduce household cash flow and collateral constraints … while making housing wealth more liquid as HEW becomes easier over time. Regression analysis indicates the expected negative …

This paper estimates the household income growth rates implied by food demand in a sample of urban Chinese households …

China’s household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U … increase in income uncertainty. Interestingly, the permanent variance of household income remains stable while it is the … and pension reforms can account for over half of the increase in the urban household savings rate in China since the mid …

forecasters, household and business surveys, and the market for Treasury inflation protected securities (TIPS) to estimate long …

. Supply-side drivers, valuation, household debt, and financial conditions jointly play a key role in forecasting house price …-level data, we identify households vulnerable to potential housing shocks and assess the riskiness of household debt …

Household savings rates in the United States have recently crept up from all-time lows. Some have suggested that a …, our model predicts that such primary savings will increase, but only temporarily and modestly, as household assets …