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 …

This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the … different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to … findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad …

inflation targeting regime in the transmission from exchange rate movements to prices. We perform a set of robustness checks …

This paper estimates the household income growth rates implied by food demand in a sample of urban Chinese households …, suggesting that urban inflation up to 2005 in China was “pro-poor,” in the sense that the increase in the cost of living for …

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 …

In closed or open economy models with complete markets, targeting core inflation enables monetary policy to maximize … is high. We develop an open economy model with incomplete financial markets to show that headline inflation targeting … headline inflation, assigns zero weight to import prices …

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 …

We analyze how regulatory constraints on household leverage-in the form of loan-to-income and loan-to-value limits …