the household balance sheet, i.e. liabilities and assets. Additionally, we allow the influence of social interaction on … types of debt and financial assets held conditional on holding the different types of debt and assets. The analysis suggests … assets and liabilities. Our analysis also suggests that social interaction is associated with households holding larger …

Although economic agents routinely face various types of economic uncertainty, their effects are often unclear and hard … to assess, in part due to the absence of suitable measures of uncertainty. Because of the numerous and very substantial … their periods of uncertainty, moreover, these countries have experienced sharply falling fertility rates. Some have argued …