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

, observed in the Household Finance and Consumption Survey (HFCS) for these countries. We then show that the heterogeneity in …This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house …-cycle incomplete-markets model with a financial asset and housing to match the large heterogeneity of households asset portfolios …

, observed in the Household Finance and Consumption Survey (HFCS) for these countries. We then show that the heterogeneity in …This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house …-cycle incomplete-markets model with a financial asset and housing to match the large heterogeneity of households asset portfolios …

heterogeneity in household finances implies that responses of consumption to changes in the real interest rate and in house prices …This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house …-cycle incomplete-markets model with a liquid financial asset and illiquid housing to match the large heterogeneity of households asset …

households contribute 37 percent of total donations, they donate less than the poorer income groups relative to their disposable … income. Despite this, the tax benefit from charitable giving is greater for richer households than for poorer because it is …For the first time in 2020, the Socio-Economic Panel (SOEP), an annual survey of private households, surveyed the …