We analyse the decline of household saving rates in the bottom half of the income distribution in Germany since the … combine survey data on household consumption with our own representative survey on the visibility and status relevance of … housing, by considerably reducing their saving rates. …

We analyse the decline of household saving rates in the bottom half of the income distribution in Germany since the … combine survey data on household consumption with our own representative survey on the visibility and status relevance of … housing, by considerably reducing their saving rates. …

Historically high household debt in several economies is calling for a deleveraging, but according to some economists …, this paper finds evidence of a negative relationship between changes of household debt-to-income ratios and saving rates … suggest that the economic cost associated with household deleveraging may be overestimated and motivate a deleveraging via …

primarily changes income and expenditure patterns, widowhood fundamentally changes the structure of the household. Beside high … consumption are lost. This paper applies the Lewbel and Pendakur (2008) collective household model to expenditure data on elderly … households in Switzerland. The findings suggest that between 40 and 50% of household resources are assigned to wives and both …

, since most housing is not simply financed out of current cash holdings but by mortgages, the institutions on mortgage … population) as well in mortgage markets have led to a structural break in the effect of housing wealth on consumption in the mid …Much of the literature on the effect of housing wealth on consumption has been embedded in a simple life-cycle model in …