) countries and also broken down by the age group of the household head. We find that pre-retirement households (households with a …

) countries and also broken down by the age group of the household head. We find that pre-retirement households (households with a …

to the winner, (2) residing in single-household dwellings, (3) with a longer tenure, and (4) with a household structure …

simulations under different macroeconomic and macroprudential policy scenarios using granular income and wealth data from the … borrower-based measures have a moderate negative welfare impact in terms of wealth inequality and a negligible impact on income …

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 …

We review early evidence on how household consumption behavior has evolved over the pandemic and how different groups …

High household indebtedness could constrain future consumption growth and increase financial stability risks. This … paper uses household survey data to analyze both macroeconomic and finanical stability risks from the rapidly rising … household debt in China. We find that rising household indebtedness could boost consumption in the short term, while reducing it …

less wealth. …

Findings from four recent projects on how neighbors, peers, financial advisors, and exogenous stressors affect wealth … wealth inequality and mobility at the start of economic life motivate college graduates to take portfolio risks and achieve … greater wealth, leaving others behind. Financial advice from unbiased professionals differs from peer advice in how it relates …

wealth are closely linked to household characteristics, including income and demographic factors. Finally, underlying … structural changes in household characteristics point to potentially lower aggregate MPCs from wealth going forward …This paper analyzes the existence of 'wealth effects' derived from net equity (in the form of housing, financial assets …