hypothesis, which is undoubtedly the most widely used theoretical model of household behavior in economics, and then survey the … literature on household saving behavior in Japan (with emphasis on the author's own past research) to shed light on whether or …

the end of the economic crisis when household balance sheets had been repaired. We measure the effect of the mortgage … group. While a negative wealth effect on saving could have been expected, households amortized even more in response to the …

We quantify the housing-consumption channel in mortgage demand according to which households borrow more following … house-price increases since housing and non-housing consumption are imperfect substitutes. To identify this channel, we take …-prices of 0.82. Counterfactual analysis of the general-equilibrium of housing and mortgage markets shows that, sans housing-consumption …

We quantify the housing-consumption channel in mortgage demand according to which households borrow more following … house-price increases since housing and non-housing consumption are imperfect substitutes. To identify this channel, we take …-prices of 0.82. Counterfactual analysis of the general-equilibrium of housing and mortgage markets shows that, sans housing-consumption …

with similar tenants. Granular data on demographics, income, housing and financial wealth, and debt allow us to construct … high-quality measures of consumption expenditures. Home ownership leads households to increase spending and to smooth … consumption in the wake of an adverse income shock. We also find a positive but short-lived effect on labor supply …

register data. Results suggest that children does not affect household consumption in the same magnitude previously assumed …I show that conventional estimators based on the consumption Euler equation, extensively used in studies of … intertemporal consumption behavior, produce inconsistent estimates of the effect of children on consumption if potentially binding …

In this study, we construct a new dependency ratio measure by taking into account the consumption needs of the young … of relative needs of people at different ages based on a regression model, which embraces the household age compositions … and size in the assessment. Our analysis uses household survey data from five developing countries in Asia - Bangladesh …

This papers examines the potential link between household credit shocks and income inequality at the national level …. For a sample of 32 developed and developing countries, we show that aggregate consumption temporarily increases in the …

Although the link between household size and consumption has strong empirical support, there is no consistent way in … deterministic changes in household size and composition affect optimal consumption decisions. We show theoretically that the …. However, our quantitative analysis demonstrates that differences in predictions for consumption are negligible across models …