This paper analyzes the impact of monetary policy on household saving in Japan between 1993 and 2017. Using annual data … decades. The statistical analysis controls for household size as well as potential spatial effects in the transmission … mechanism of monetary policy on household saving. …

Does unconventional monetary policy have a distributional effect on household credit? To answer this question, I use … granular data in 17 Eurozone countries from the ECB Household Finance and Consumption Survey (HFCS) and look at the household … two potential channels of unconventional monetary policy on household credit inequality. (1) The credit bias channel …