Do households live the family model they prefer? Household’s work patterns across European policy regimes

Do Migrant Remittances Affect the Consumption Patterns of Albanian Households?

This paper investigates the extent to which consumption patterns of Albanian households are affected by the receipt of migrant remittances. Domestic and international remittances are considered and differences in their impacts on household consumption patterns assessed. The study finds that the consumption pattern for households in receipt of internal remittances is not statistically different ...

How Do Households Respond to Uncertainty Shocks?

Economic disruptions generally coincide with heightened uncertainty. In the United States, uncertainty increased sharply with the recent housing market crash, financial crisis, deep recession, and uneven recovery. In July 2010 congressional testimony, Federal Reserve Chairman Bernanke described conditions as “unusually uncertain.” The uncertain landscape was also cited as a factor in the slow r...

Do Australian Households Borrow Too Much?

Tonight’s subject is one that has attracted increasing attention over recent years – namely, the growth of household debt. There is no doubt that this debt has grown quickly over the past decade, and this has prompted a number of people to suggest that it is too high and that it presents a threat to the future health of the economy. What I would like to do tonight is to examine household debt f...

Why Do Chinese Households Save So Much?

Using a dataset that covers 5 decades (1960–2009), we show that the main determinants of China's household savings rate are disposable income (measured by its reciprocal) and the old-age dependency rate. The income growth rate and young age dependency rate have a limited role. Our findings support the Keynesian saving hypothesis instead of Modigliani’s life cycle hypothesis, although precaution...

How Do Households Respond to Income Shocks