We examine the effects of monetary policy on household self-assessed financial stress and durable consumption using … panel data from eighteen annual waves of the British Household Panel Survey. For identification, we exploit random variation … in household exposure to interest rates generated by the random timing of household interview dates with respect to …

We examine the effects of monetary policy on household self-assessed financial stress and durable consumption using … panel data from eighteen annual waves of the British Household Panel Survey. For identification, we exploit random variation … in household exposure to interest rates generated by the random timing of household interview dates with respect to …

socioeconomic characteristics, housing traits, country-specific constant terms, and household unobserved heterogeneity. We attribute …Using comparable survey data from twelve European countries we investigate households' attitudes towards mortgage … households have a mortgage outstanding relative to countries where a sizeable part of the population uses mortgage debt, like the …

-adjusted income levels, various socioeconomic characteristics, housing traits, country-specific constant terms, and household … unobserved heterogeneity. We show that households evaluate their own debt burden partly in comparison with the debt position of …Using comparable survey data from twelve European countries from 1994 to 2001 we investigate households' attitudes …

socioeconomic characteristics, housing traits, country-specific constant terms, and household unobserved heterogeneity. We attribute …Using comparable survey data from twelve European countries we investigate households' attitudes towards mortgage … households have a mortgage outstanding relative to countries where a sizeable part of the population uses mortgage debt, like the …

rate exposure, intertemporal substitution and indirect income channels - affect individual euro area households. We find … that the indirect income channel has an overwhelming importance, especially for households holding few or no liquid assets …. The indirect income channel is therefore also a substantial driver of changes in consumption at the aggregate level. …

exposure, intertemporal substitution and indirect income channels—affect individual euro area households. We find that the … indirect income channel has an overwhelming importance, especially for households holding few or no liquid assets. The indirect … income channel is therefore also a substantial driver of changes in consumption at the aggregate level …