How do shifts in intra-household gender dynamics affect the economy at large? This paper parametrizes intra-household … variables. In equilibrium, we find that greater women's empowerment increases precautionary savings to offset low endowment … savings at the bottom of the distribution, more empowerment leads to less poverty and lower income inequality. Another …

consumption, the precautionary saving channel and the investment-employment channel. Then, we use the household survey data (China …Economic policy uncertainty is proven to have an important effect on household consumption. However, the literature on … its transmission mechanism and on comparing the consumption response of urban and rural households, especially in China …

savings ("excess savings") and a small but persistent current account deficit (a slow-motion "twin deficit"). These patterns …

Using representative household surveys conducted in Thailand and Vietnam during the COVID-19 pandemic, we find that the … the savings position plays a crucial role, as the effects are especially pronounced for households that experienced a … decline in savings. This result contradicts a prediction from the life-cycle permanent income model with borrowing constraints …