Household debt in many advanced economies has increased significantly since the 1980s and accelerated in the years …. Precautionary savings, due to labour income uncertainty, have also influenced household decisions especially, during the 2007 …

In a context of increasing attention to growing fixed payments, slim buffers, and unstable incomes in the household … household expenditure data to examine which expenditure categories are prioritised when households enter into financial stress … important implications for how we understand household sensitivity to shocks and the behaviour of households with regards to …

We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence …

challenging to investigate empirically. We used monthly data on total household spending, income, and labor force participation to … estimate the effects of unemployment on household spending. The data come from the RAND American Life Panel, a standing survey … following re-employment with spending and income while unemployed. We find that by month two of unemployment total household …