, which tend to result in higher income and wealth for urban households. In addition, there may be a number of non … premium on house prices, thus possibly affecting the composition of the asset portfolios of households living in different … households hold in housing. For owner-occupiers, the effect is found to be significant and positive, suggesting that housing is …

In this paper, we analyze the borrowing behavior of Japanese households in comparison to the other Group of Seven (G7 …) countries and also broken down by the age group of the household head. We find that pre-retirement households (households with a … satisfactory. However, we also find that households with a head in the 30-39 age group have shown a sharp increase in debt holdings …

In this paper, we analyze the borrowing behavior of Japanese households in comparison to the other Group of Seven (G7 …) countries and also broken down by the age group of the household head. We find that pre-retirement households (households with a … satisfactory. However, we also find that households with a head in the 30-39 age group have shown a sharp increase in debt holdings …

We use micro data from the U.S. Internal Revenue Service to document how households' tax liabilities vary with income … children. The data reveals a large dispersion in tax rates and taxes paid. Ranking households according to the average tax … married and 31.8% of unmarried households do not pay any taxes. Given the progressivity in the system, tax liabilities are …

This paper applies the theory of relational contracts to make precise the idea that because households are engaged in a … Samuelson. This nests as special cases the objective functions used in currently popular models of households engaged in one …