This paper estimates the impact of household debt on consumption behaviour using data from the Japanese Preference …-looking questions about key risks to income, shedding light on the motives for household savings behaviour. The analysis finds that … household marginal propensities to consume (MPCs) were significantly higher for highly-indebted Japanese households than for …

Household finance—the normative and positive study of how households use financial markets to achieve their objectives …

We have investigated the influence of fiscal instruments, notably taxes on income and government spending, on household … consumption in two different samples and two measures of household debt to provide a comprehensive analysis of the topic. We used … government spending or reduced taxes, in the presence of high indebtedness, actually discourage household consumption compared to …

which competitive dynamics drive the demand for credit, which is a missing link in the explanation for the rise of household …