High household indebtedness could constrain future consumption growth and increase financial stability risks. This … paper uses household survey data to analyze both macroeconomic and finanical stability risks from the rapidly rising … household debt in China. We find that rising household indebtedness could boost consumption in the short term, while reducing it …

Household borrowing in China has increased considerably in recent years, raising concerns about the household sector … the three available waves (2011, 2013 and 2015) of China's Household Finance Survey. Overall loan-to-value (LTV) ratios … quintiles, despite the huge increase in house-hold indebtedness, are not particularly vulnerable to declining incomes or falling …

financial crisis. In this paper, we investigate how mortgage debt impacts household consumption behavior and various components … of household consumption. Utilizing a comprehensive household survey data from China, we show that households with a … having a mortgage reduces the uncertainty that the household faces regarding how much to save each month in order to be able …

populations into the financial mainstream. We use data from the 2013 Chinese Household Finance Survey (CHFS) to investigate the …

We study household decision making in a high-stakes experiment with a random sample of households in rural China … preferences are more similar the richer the household and the higher the wife's relative income contribution. A couple's joint … decision is typically determined by the husband, but women who contribute relatively more to the household income, women in …

Using the 2015 and 2017 waves of the China Household Finance Survey, we measured financial literacy and study its …

Using the 2015 and 2017 waves of the China Household Finance Survey (CHFS), we measured financial literacy and study …

real estate sector and downwards pressure of macro economics as pandemics, rapid fall of house price may lead to household … lead to Chinese household sector’s “Bankrupt” in general, which is extremely difficult to attain. However, once house price …