This paper studies household beliefs during the recent US housing boom. The first part presents evidence from the … households who believe it is a good time to buy a house because house prices will rise further. The size of this "momentum … to show how a small number of optimistic investors can have a large effect on prices without buying a large share of the …

household electricity demand that addresses these difficulties. We estimate the model using data for a representative sample of … consumers respond to price changes. Several interrelated problems complicate demand analyses of these markets, including … California households, and summarize how electricity demand elasticities vary in that state. We then use the model to analyze the …

effects of other indebtedness, household income, and the size of the program subsidy …

This paper explores the relationship between household marginal income tax rates, the set of assets that households own … surveys. The empirical findings suggest that a household's marginal tax rate has an important effect its asset allocation … decisions. The probability that a household owns tax-advantaged assets is strongly related to its tax rate on ordinary income …

total wealth of each household in the Health and Retirement Study by $67,000 in 1992 dollars, raising wealth from employer … provided pension benefits per household by 150 percent in real terms. Changes in retiree health benefits, which have only about …

If household portfolios are constrained by borrowing and short-sales restrictions asset markets, then alternative … retirement savings systems may affect household welfare by relaxing these constraints. This paper uses a calibrated partial …

, whose objective is fighting foreign armed groups. We find that foreign armed group attacks on household members are … household member or the village chief, smaller when the victim is another household in the village, and insignificant if the …

results suggest a potential downside of using household credit as stimulus in emerging markets …