We study the dynamic relationship between women's intra-household reputation and investment decisions. We consider … household investments delegated to the wife in settings where wives perceived to be savvy investors by their husbands are …---we call this the intra-household sunk cost effect. These dynamics have important implications for women's well-being as well …

This paper studies household financial choices in four euro area countries. The goal of the analysis is to understand …. The estimation of key parameters uses a simulated method of moments approach to match moments related to asset market … estimation are used to characterize the distributions of the marginal propensity to consume across households for each of the …

The classic Working-Leser household Engel curve is unpacked to reveal individual budget allocations across commodities … as a function of both individual and household total spending. Two main findings emerge on calibrating our model to an … unusual sub-household dataset for Senegal. First, for all except education spending, our results are consistent with the …

related or not, even with the best data. We thus look at household finances and find that individuals delever upon retirement …

changes. We find that (i) the welfare cost of household-level consumption fluctuations may be overstated by 1.7 percentage …

how fluctuations in individual crypto wealth affect household consumption, equity investment, and local real estate …

points) is identified. The theory predicts war to be more likely when resource and group concentration are high, and the …

This paper examines the relationship between household balance sheets, consumer purchases, and expectations. We find … an explicit role for unemployment and for household debt. We find that the model is capable of explaining several …

To what extent does household inequality affect the response of aggregate consumption to aggregate real shocks? We … first review two state-of-the-art papers with household heterogeneity and aggregate uncertainty. They teach us that having a …