affects income and wealth inequality. We then illustrate quantitatively how various channels of transmission - net interest … composition of their income and on the components of their wealth. We first review the existing evidence on how monetary policy …. The indirect income channel is therefore also a substantial driver of changes in consumption at the aggregate level. …

affects income and wealth inequality. We then illustrate quantitatively how various channels of transmission—net interest rate … composition of their income and on the components of their wealth. We first review the existing evidence on how monetary policy … income channel is therefore also a substantial driver of changes in consumption at the aggregate level …

estimates the impact of the Covid-19 crisis on consumption. The panel provides, each month, household-specific indicators of the … concern causes a significant reduction in nondurable consumption. The paper also explores the potential impact on consumption … of government interventions and of another wave of Covid-19, using household-level consumption adjustments to scenarios …

affects income and wealth inequality. We then illustrate quantitatively how various channels of transmission - net interest … composition of their income and on the components of their wealth. We first review the existing evidence on how monetary policy …. The indirect income channel is therefore also a substantial driver of changes in consumption at the aggregate level. …

consume of an unexpected, transitory, and positive income change, and by how much they would reduce their consumption in … response to an unexpected, transitory, and negative income change. The questionnaire distinguishes between relatively small … income changes (a one-month increase or drop in income), and relatively larger ones (equal to three months of income). The …

consume of an unexpected, transitory, and positive income change, and by how much they would reduce their consumption in … response to an unexpected, transitory, and negative income change. The questionnaire distinguishes between relatively small … income changes (a one-month increase or drop in income), and relatively larger ones (equal to three months of income). The …

We examine the effects of monetary policy on household self-assessed financial stress and durable consumption using … savers. We find symmetric effects on durable consumption, mainly driven by mortgagors with high debt burden or limited access …

cars. Moreover, we show that such beliefs also influence household expectations about own income prospects, future access …

We examine the effects of monetary policy on household self-assessed financial stress and durable consumption using … savers. We find symmetric effects on durable consumption, mainly driven by mortgagors with high debt burden or limited access …

We examine the effects of monetary policy on household self-assessed financial stress and durable consumption using … savers. We find symmetric effects on durable consumption, mainly driven by mortgagors with high debt burden or limited access …