financial decisions do have cognitive influence. This is also true with the Indian households. This study has briefly identified … households' financial decisions. The study also establishes mental accounting as a second-order construct by using a hierarchical … given to Indian households. The study essentially analyses the influence of mental accounting in the financial decisions of …

This paper studies consumption and savings decisions of Danish households before and during the financial crisis as … increasing housing wealth over one year to be around 4-6 per cent. Younger and more levered households have a larger MPC out of … housing wealth, suggesting that collateral effects may play a role. The MPC is asymmetric; households adjust their consumption …

in consumption after 2008. First, households may have optimally adjusted to lower wealth by reducing their demand for …

-through rates for low-income households are 58%, significantly larger than those for high-income households. We then present one …