unions can demand different hours from different households, directly taking household heterogeneity into account. In this … households work the same amount but prohibits unions from requiring any household to work more than it would like to. This …

We analyze the distributional effects of monetary policy on income, wealth and consumption. We use administrative … household-level data covering the entire population in Denmark over the period 1987-2014 and exploit a long-standing currency … terms of income, wealth and consumption are monotonically increasing in the ex-ante income level. The distributional effects …

which key variables affecting household income and wealth are included, such as the unemployment rate, wages, interest rates …This paper studies the effects of quantitative easing on income and wealth of individual euro area households. The …-form simulation on micro data from the Household Finance and Consumption Survey, capturing the income composition, the portfolio …

portfolios, observed in the Household Finance and Consumption Survey (HFCS) for these countries. We then show that the … heterogeneity in household finances implies that responses of consumption to changes in the real interest rate and in house prices …

, observed in the Household Finance and Consumption Survey (HFCS) for these countries. We then show that the heterogeneity in … household finances implies that responses of consumption to changes in the real interest rate and in house prices differ … substantially across countries, and within countries by household characteristics such as age, housing tenure, and asset positions …