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

This paper presents a novel estimate of the Indian household balance sheet (HBS) starting from 1970/71 to 2017/18 and … studies the evolution of Indian household finance in an international context. Comparative analysis suggests that the Global … household sector reveals that India is presently facing what may be called a five balance sheet challenge - critical HBS …

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

expectations. Extrapolative income expectations help explain state-dependent household debt cycles qualitatively and quantitatively …

We study the household sector's post-tax income and debt position as propagation mechanisms of public into private …

This paper examines whether relative income and income inequality within reference groups affect household consumption …. Using the explanations of consumption behavior based on Dusenberry's relative income hypothesis, we test if household … consumption levels in Turkey are affected by the household's relative position and inequality in the reference group between 2005 …

This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK …

We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel …