cars. Moreover, we show that such beliefs also influence household expectations about own income prospects, future access … Ricardian effects in household behaviour. We find that perceptions affect spending also among households that did not receive …

This paper develops a comprehensive measure of household economic well-being. The "sustainable consumption" concept … with expenditure over a household's lifetime. Calculating sustainable consumption using Panel Study of Income Dynamics data … demonstrates that it acts as an anchor for actual household spending. Results show that following a period of rapid growth from the …

The paper analyzes the impact of positive and negative income shocks on household consumption as part of checking the …

Using representative household surveys conducted in Thailand and Vietnam during the COVID-19 pandemic, we find that the …

How do households adjust to a large debt shock? This paper studies household responses to a revaluation of foreign … currency household debt during a large depreciation in Hungary. Relative to similar local currency debtors, foreign currency …

This paper studies the direct impact of households' debt on consumption over the business cycle. We use household …

largest Korean province of Gyeonggi under the COVID-19 pandemic on household consumption using large-scale credit and debit …-constrained households, which account for 8% of residents, was close to one, but the MPCs of the other household groups were not …