There is vast literature examining how households’ income and consumption change over the life cycle. These studies …

transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX … repeated cross-section data on consumption and income to decompose idiosyncratic changes in income into predictable life … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …

home equity to finance consumption needs. In stylized frameworks, we show that the decision to enter a reverse mortgage is …

home equity to finance consumption needs. In stylized frameworks, we show that the decision to enter a reverse mortgage is …

unique Dutch panel data set on households' house price expectations and their consumption, savings and housing choices for …

questions: i) How is homeownership and housing tenure distributed across the population along various socio … socio-economic groups? What is the impact of mortgage debt on access to homeownership and wealth accumulation, and on debt … residential mobility? iv) Is there a link between homeownership and wealth inequality? Between inequality in housing wealth and in …

income expectations over the next six months by 40 cents and total consumption by 34 cents. The expectation changes explain …