Narrow search
Showing 1 - 10 of 82,818
Cover Image
Consumption Effects of Mortgage Payment Holidays : Evidence During the COVID-19 Pandemic
Albuquerque, Bruno; Varadi, Alexandra - 2022
We use UK transaction-level data during the Covid-19 pandemic to study whether mortgage payment holidays (PH) can act … as a mechanism for smoothing household consumption following negative aggregate shocks. Our results suggest that mortgage … mortgage PH led to higher saving rates for more financially-stable households …
Persistent link: https://www.econbiz.de/10013294802
Cover Image
Levelling Down and the COVID-19 Lockdowns : Uneven Regional Recovery in UK Consumer Spending
Gathergood, John; Gunzinger, Fabian; Guttman-Kenney, … - 2021
We show the recovery in consumer spending in the United Kingdom through the second half of 2020 is unevenly distributed across regions. We utilise Fable Data: a real-time source of consumption data that is a highly correlated, leading indicator of Bank of England and Office for National...
Persistent link: https://www.econbiz.de/10013242820
Cover Image
Household Behavior (Consumption, Credit and Investments) During the COVID-19 Pandemic
Yannelis, Constantine; Amato, Livia - 2022
The 2020 Covid-19 pandemic led to a large number of studies in household finance, using new high-frequency data in close to real time. This paper surveys household behavior during the pandemic, with a focus on consumption, government policies, credit and investment. The pandemic induced a rapid...
Persistent link: https://www.econbiz.de/10014236482
Cover Image
Diversification of student consumption during the pandemic : Albania, Poland and Portugal
Grzywińska-Rąpca, Małgorzata; Duarte, Nelson; Kulli, … - In: Central European economic journal 9 (2022) 56, pp. 309-322
-CoV-2 coronavirus. The study was conducted on a sample of 668 students of the Qiriazi University College and Aldent … caused by the COVID-19 epidemic may be the cause of many adverse changes in various areas of life. The empirical study aimed …
Persistent link: https://www.econbiz.de/10013502256
Cover Image
Mortgage choice and expenditure over the lifecycle : evidence from expiring interest-only loans
Andersen, Henrik Yde; Bech, Stine Ludvig - 2020
We study how homeowners' consumption responds to a negative and anticipated disposable income shock: the beginning of the amortisation period on interest-only mortgages. We identify spending behavior through an event study approach, by matching loan-level data that covers the universe of Danish...
Persistent link: https://www.econbiz.de/10012149871
Cover Image
Family finances and debt overhang : evolving consumption patterns of Spanish households
Sala, Hector; Trivín, Pedro - 2022
This paper studies the direct impact of households' debt on consumption over the business cycle. We use household-level panel data for Spain, and focus on a interesting period of analysis, 2002-2017, characterized by large variations in leverage, consumption, and asset prices. We find that debt...
Persistent link: https://www.econbiz.de/10013184105
Cover Image
Managing Mental Accounts : Payment Cards and Consumption Expenditures
Gelman, Michael; Roussanov, Nikolai L. - 2022
Does mental accounting matter for total consumption expenditures? We exploit a unique setting in which individuals exogenously received a new credit card, without requesting one. Using random variation in the time of receipt we show that individuals temporarily increase total consumption...
Persistent link: https://www.econbiz.de/10013294035
Cover Image
Family Finances and Debt Overhang : Evolving Consumption Patterns of Spanish Households
Sala, Hector; Trivín, Pedro - 2022
This paper studies the direct impact of households' debt on consumption over the business cycle. We use household-level panel data for Spain, and focus on a interesting period of analysis, 2002-2017, characterized by large variations in leverage, consumption, and asset prices. We find that debt...
Persistent link: https://www.econbiz.de/10013406441
Cover Image
Fear of Covid-19 contagion : the idiosyncratic effects of an aggregate pandemic shock
Kikuchi, Junichi; Nagao, Ryoya; Nakazono, Yoshiyuki - 2021
We examine how the fear of COVID-19 contagion influences consumer expenditure patterns. We show that the consumption expenditure responses to the spread of the COVID-19 pandemic are significantly heterogeneous across generations. We find that the elderly spend less than the younger generation by...
Persistent link: https://www.econbiz.de/10012665540
Cover Image
Pandemic consumption
Bachmann, Ruediger; Bayer, Christian; Kornejew, Martin - 2023
This paper examines how households adjusted their consumption behavior in response to COVID-19 infection risk during the early phase of the pandemic. We use a monthly consumption survey specifically designed by the German Statistical Office covering the second wave of COVID-19 infections from...
Persistent link: https://www.econbiz.de/10014252555