Household Debt and Income Distribution

Income Inequality and Household Debt

Consumption and the Within-Household Income Distribution:

How Does Monetary Policy Affect Household Income Distribution?

Over the last decades the research on monetary policy has largely concentrated on the impact of monetary authorities’ decisions on inflation and the fine-tuning of the macroeconomic, so that distributional effects of monetary policy which are non-trivial has been ignored. A view that has become increasingly popular since the financial crisis 2008 is that expansionary monetary policy can exacerb...

Household debt and social interactions

Debt-induced crises, including the subprime, are usually attributed exclusively to supply-side factors. We examine the role of social influences on debt culture, emanating from perceived average income of peers. Utilizing unique information from a household survey representative of the Dutch population, that circumvents the issue of defining the social circle, we consider collateralized, consum...

Revised March 2004 ARK GROWTH AND DISTRIBUTION OF HOUSEHOLD INCOME

This paper reports the results of the CASS survey of households for 2002 and compares them with the results of the earlier CASS surveys of 1995 and 1988. The CASS surveys still remain the only source of householdlevel data on income and other individual and household characteristics in China. They also provide the only comprehensive data base for the application of an income definition that hel...