The dissertation consists of three chapters that analyze topics in household finance and the transmission of monetary policy. In each chapter, I find evidence for heterogeneous effects, either because households with different leverage adjust consumption after house price changes differently, or...

In view of regional house prices drifting apart, we examine whether regionally differentiated macroprudential policies can address financial stability concerns and moderate house price differences. To this end, we disaggregate both the household sector and the housing stock in a two-region DSGE...