Using credit report records and data collected from several household surveys, we analyze changes in household debt and … increase in saving - at least in 2009 - did not materialize through an increase in contributions to retirement and savings … appears to reflect a considerable decline in household debt, as households paid down mortgage debt in particular. At the end …

hitherto been boosted by historically high levels of household debt-financing. These events question the validity of … Keynesian relative income hypothesis, which claims that current income, its distribution, household borrowing, and household …

Eligibility and benefits for anti-poverty income transfers in the U.S. are based on both the means and the household … children. In our model workers face uninsurable idiosyncratic risks and make decisions on savings, labor supply, living … mothers, providing incentives to cohabit. We also find quantitatively important effects on savings, and on the labor supply of …

first wave of the Household Finance and Consumption Survey (HFCS) and the 2010 Survey of Consumer Finances (SCF … in Europe than in the US …

We investigate whether consumer confidence has an independent effect on household spending. First, we control for a … common set of factors that drive both consumer confidence and household spending. Next, we interpret the non …. Our results suggest that animal spirits exist and may have a considerable impact on spending growth in Europe and the US …

The size of the average American household has fallen dramatically -from six in 1850 to three in 2000. To explain this … decline we model households as collections of roommates who share the costs of household public goods. If private goods are … explain 37 percent of the observed reduction in the number of adults per household and 16 percent of the reduction in the …

household of only three people, in 1850 household size was twice that figure. Furthermore, both the number of children and the … number of adults in a household have fallen dramatically. We develop a simple theory of household size where living with … others is beneficial solely because the costs of household public goods can be shared. In other words, we abstract from …

, desired working hours, and household debt, but have only small effects on expected spending. We provide correlational and … household exposure to stock market crashes for expectation formation …

, desired working hours, and household debt, but have only small effects on expected spending. We provide correlational and … household exposure to stock market crashes for expectation formation …

In the USA, the share of household wealth held by the richest 1% increased from 23.5% in 1980 to 41.8% in 2012. This …