This paper investigates the impact of the inclusion of housing in a household portfolio on household's intertemporal … affect household consumption over time. We assess whether the inclusion of housing in the household portfolio affects one of … how a change in asset return affects household's consumption growth. Since the use of aggregate time series data presents …

for consumption of the individual worker. However, most household panel surveys contain consumption information only at … the household level. We show that proxying individual consumption by household consumption biases estimated Frisch … elasticities downward as limited commitment in the household induces individual consumption to behave differently from household …

return on a household portfolio is more relevant to the household's intertemporal decision making. In a current era … estimate the intertemporal elasticity of substitution, namely, how a change in the asset or portfolio return affects household …

Assessing the scope for insurance in rural communities usually requires a structural model of household behavior under …

' disutility from borrowing parameter. Further, we apply our analytical model to the case of India and estimate household debt …In this paper we develop an analytical framework using the household utility maximization approach to model stability … conditions to avoid household debt overhang. Our theoretical framework suggests that household debt stability is a function of …

The recent demonetization exercise in India is a unique monetary experiment that made 86 percent of the total currency … this macroeconomic shock on one such systematically important agent of the economy: the household. By construction, the … policy helped households with bank accounts in disposing of the demonetized cash. We use a new household-level data set to …

This paper estimates a household saving rate equation for India and Korea using long-term time series data for the 1975 … impact on the household saving rate in both India and Korea, even after controlling for the usual suspects such as the aged …-2010 period, focusing in particular on the impact of the pre-marital sex ratio on the household saving rate. To summarize the main …

This paper exploits a natural experiment in India – Inflation Targeting to study how changes in inflation expectations … rigidity in household balance sheet …