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 …

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 …

. 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 …

We provide empirical evidence to support the calibration of a limit on household indebtedness levels, in the form of a … recent regulation adopted by the National Bank of Romania, limiting the household DSTI at origination to 40 percent for new …

deteriorating household balance sheets? This paper examines the question using household data from the United States. It compares … the responsiveness of household consumption to monetary policy shocks in the pre- and post-crisis periods, relating … changes in monetary transmission to changes in household indebtedness and liquidity. The results show that the responsiveness …

We confirm the negative relationship between household debt and future GDP growth documented in Mian, Sufi, and Verner … relationship. First, debt overhang impairs household consumption when negative shocks hit. Second, increases in household debt … be systematically neglected due to investors' overoptimistic expectations associated with household debt booms. In …

High household indebtedness could constrain future consumption growth and increase financial stability risks. This … paper uses household survey data to analyze both macroeconomic and finanical stability risks from the rapidly rising … household debt in China. We find that rising household indebtedness could boost consumption in the short term, while reducing it …

Korean household debt has reached 148 percent of disposable income, high by emerging market standards. Most of this …, household debt by employing stress tests on household level panel data. Results suggest that a 100-300 bps increase in interest … rates could increase distressed household debt household debt by 81⁄2?17 percentage points (ppt). A drop in real estate …