Showing 1 - 10 of 81,803
-indebtedness between rural households in Thailand and Vietnam. We identify socio-economic determinants for rural households in Thailand and … characteristics. While in Vietnam poorer households are less likely to engage in borrowing in Thailand a higher share of similar type … Vietnam by decomposing differences into those attributable to household characteristics and those due to economic environments …
Persistent link: https://www.econbiz.de/10011905786
We examine the cash-flow channel of monetary policy, i.e. the effect of monetary policy on spending when households hold debt linked to short-term rates such as adjustable rate mortgages (ARMs). Using registry-based data on Swedish households, we estimate substantial heterogeneity in consumption...
Persistent link: https://www.econbiz.de/10011943312
We examine the cash-flow channel of monetary policy, i.e. the effect of monetary policy on spending when households hold debt linked to short-term rates such as adjustable rate mortgages (ARMs). Using registry-based data on Swedish households, we estimate substantial heterogeneity in consumption...
Persistent link: https://www.econbiz.de/10011729444
The empirical literature has demonstrated that housing assets exhibit larger wealth effects than stocks (or, more broadly, financial assets), which is often interpreted as a larger MPC (Marginal Propensity of Consumption) out of housing wealth. Still, the question remains as to whether this...
Persistent link: https://www.econbiz.de/10008532038
We designed a commitment savings product for a Philippine bank and implemented it using a randomized control methodology. The savings product was intended for individuals who want to commit now to restrict access to their savings, and who were sophisticated enough to engage in such a mechanism....
Persistent link: https://www.econbiz.de/10011612543
Financial literacy is gaining increasing importance as a policy objective in many countries. A growing literature has examined the role of financial literacy in an individual's income, saving behavior, and the use of various financial products. However, so far, we are not aware of any studies of...
Persistent link: https://www.econbiz.de/10012239672
Financial literacy is gaining increasing importance as a policy objective in many countries. However, internationally comparable information on financial literacy is still scarce. The OECD/INFE survey of adult financial literacy is a standardized survey instrument, but so far has mainly been...
Persistent link: https://www.econbiz.de/10011671637
Financial literacy is gaining increasing importance as a policy objective in many countries. However, internationally comparable information on financial literacy is still scarce. The Organisation for Economic Cooperation and Development International Network on Financial Education (OECD/INFE)...
Persistent link: https://www.econbiz.de/10011991906
Persistent link: https://www.econbiz.de/10014252483
Using representative household surveys conducted in Thailand and Vietnam during the COVID-19 pandemic, we find that the …
Persistent link: https://www.econbiz.de/10014494933