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This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK …
Persistent link: https://www.econbiz.de/10009315614
effect on household saving, and a negative effect on fertility. In Germany, as in other countries where the hypothesis was …
Persistent link: https://www.econbiz.de/10013321181
households, focusing on the dramatic change of the household savings rate since 1998, from high to low savings. The literature …This paper scrutinizes the role of prolonged, expansionary monetary policy on the savings behavior of Japanese … monetary policy had a significant impact on Japan's household behavior via the interest rate channel and the redistribution …
Persistent link: https://www.econbiz.de/10012485326
cycle. Decreasing discounting helps a canonical life-cycle model to explain the household saving puzzles of undersaving when …
Persistent link: https://www.econbiz.de/10012486383
on household debt and unplanned savings over 2020. We merge data from the Survey of Financial Security and the Survey of … Household Spending to construct a representative cross-section of households who vary in their income, debt portfolios and mix … of consumption expenditures. We simulate a series of individual and aggregate shocks to household income and consumption …
Persistent link: https://www.econbiz.de/10012322138
This paper uses two decades of individual level information from Danish administrative registers to show that a 1-dollar increase in pension wealth leads to a 26-cent rise in total debt. We exploit time-sector variation in mandatory pension contribution rates to isolate the effect of pension...
Persistent link: https://www.econbiz.de/10012229479
time the policy released a substantial amount of savings from an early retirement scheme that were locked in the scheme …
Persistent link: https://www.econbiz.de/10012287308
to estimate effects of exposure to financially literate neighbors on household financial behavior. The paper contributes …
Persistent link: https://www.econbiz.de/10011574317
concentration of household savings in Germany by estimating saving amounts, saving rates and shares in aggregate savings for … apparent. Over the years 2003 till 2013 we find an increase of the concentration of household savings across the income and … rates as input parameters for a macro simulation of the distribution of household incomes and savings we find that the …
Persistent link: https://www.econbiz.de/10011575021
We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel …
Persistent link: https://www.econbiz.de/10011631291