This work uses data from the Israeli Household Expenditure Survey for 2003 - 2011 to assess the effect of changes in home and rent prices on households' private consumption expenditure. We find that an increase in home prices acts to increase owners' consumption, particularly in the intermediate...

We investigate the distinct effect of monetary policy on households’ consumption in Israel, based on information from the Household Expenditure Surveys for 2003 to 2018. Analyzing aggregate distribution indices, a pseudo panel and the granular household data, and using the local projections...