Consumption response to aggregate shocks and the role of leverage
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- Agnes Kovacs & May Rostom & Philip Bunn, 2018. "Consumption Response to Aggregate Shocks and the Role of Leverage," Discussion Papers 1820, Centre for Macroeconomics (CFM).
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Cited by:
- Zhang, Dongyang & Guo, Rui, 2020. "The consumption response to household leverage in China: The role of investment at household level," International Review of Financial Analysis, Elsevier, vol. 71(C).
- Nakajima, Jouchi, 2020. "The role of household debt heterogeneity on consumption: Evidence from Japanese household data," Economic Analysis and Policy, Elsevier, vol. 65(C), pages 186-197.
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More about this item
Keywords
life-cycle models; consumption; household leverage; debt; financial crisis;JEL classification:
- D10 - Microeconomics - - Household Behavior - - - General
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2018-11-05 (Macroeconomics)
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