pandemic, and an energy crisis-and survived. Using a model focusing on households, this Weekly Report shows that the monetary …

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 …This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house …

, 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 …This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house …

, 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 …This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house …

the responsiveness of household consumption to monetary policy shocks in the pre- and post-crisis periods, relating … of household consumption has diminished since the crisis. However, household balance sheets are not the culprit … deteriorating household balance sheets? This paper examines the question using household data from the United States. It compares …