This study examines how experiencing a pandemic affects household investment behaviors. By leveraging cross-state variations in the H1N1 mortality rate in 2009, our difference-in-differences analysis reveals interesting findings. Although the pandemic does not significantly affect stock market...

This paper provides quasi-experimental evidence of the health benefits of a largescale, nationwide programme of home energy-efficiency retrofits in the Netherlands, exploiting individual medicine use from insurers' records. We demonstrate that these home upgrades improve children's health, as...

This paper examines how expecting to receive an inheritance impacts household savings decisions. Life-cycle consumption models indicate that the expectation of inheriting should reduce current savings plans for forward-thinking consumers. We investigate how inheritance expectations shape savings...

We provide evidence for a new propagation mechanism of wealth inequality and mobility. Using unique administrative data and a quasi-field experiment of exogenous assignment, we find that educated entrants, faced with greater local wealth inequality and salient cases of wealth mobility, take...

Every year, 245 million women are victims of intimate partner violence (IPV). Climate change is hypothesized to exacerbate this figure through its disruptive impact on household livelihoods, among other channels. However, little causal evidence exists on this aspect of the climate-gender nexus,...

This study examines the declining usage lifespan of household consumer durables in the United States between 1970 and 2018, situating the phenomenon within a heterodox political economy framework. While mainstream economic narratives attribute the rising rate of consumer durable waste over this...

Armed conflict remains a significant global issue, with several studies highlighting its detrimental impact on the affected communities, making it a critical area of research. This study aimed to examine the effects of prolonged armed conflict on food security among urban households in Tigray,...

Economic security is considered one of the primary aspects of well-being and it is usually closely associated with poverty. This article intends to explore the main determinants of economic (in)security in European Union countries and to investigate the relationship between the level of economic...

Buy Now, Pay Later loans (BNPL) are an increasingly popular way to finance smallticket purchases. We provide new evidence on how BNPL influences regular bank credit markets, benefiting both lenders and borrowers through information production and learning. Using data from over one million...

This paper reexamines the question of gender differences in financial relative risk aversion using updated methods and data. Specifically, the paper revisits the 1998 work "Are women more risk averse?" by Jianakoplos and Bernasek, suggests refinements in their model in relation to the database...

Household heterogeneity has been shown to be an important driver of aggregate demand. In this research, we demonstrate that it also impacts the supply side. We build a model in which heterogeneous households vary in their extent to which they supply production factors (labor and capital). Our...

In this paper, we study the role of wealth transfers in shaping homeownership in Malta. Leveraging data from four waves of the Maltese Household Finance and Consumption Survey, we perform a logistic regression to investigate how financial inflows in the form of gifts or inheritances, affect (i)...

Does the presence of a partner affect individuals' propensity to participate in the stock market? In this paper, we estimate the effect of cohabiting with a partner on stock market participation using rich administrative data from Denmark. It is a well-known puzzle that few people participate in...

This paper examines how expecting to receive an inheritance impacts household savings decisions. Life-cycle consumption models indicate that the expectation of inheriting should reduce current savings plans for forward-thinking consumers. We investigate how inheritance expectations shape savings...

This paper examines trends in household financial strain across Europe from 2006 to 2022, a period marked by three major economic shocks: the 2008 financial crisis, the COVID-19 pandemic, and the ongoing cost-of-living crisis. Using a subjective measure of welfare, financial strain, we analyse...

Water conservation is crucial for human sustainable development, particularly in the face of increasing global challenges such as freshwater scarcity, rapid urbanization, and climate change. This study employs structural equation modeling (SEM) to investigate water conservation behaviors among...

We assess household burdens from a carbon tax with revenue recycling, comparing them to burdens from price changes during the recent cost-of-living crisis. We focus on Lithuania, an OECD country that attained high-income status a decade ago, and that recently enacted a €60/ton CO2 carbon tax...

Household debt plays a crucial role in influencing the performance of the economy and its vulnerability to shocks. This study synthesises studies on this topic. We used the systematic literature review technique to analyse 97 studies from the EBSCO, Google Scholars, Sabinet African Journals,...

Background: Despite concerted research efforts, the collection of domestic waste remains poorly understood in terms of financial and environmental cost drivers. Detailed studies of specific systems, yielding limited broader understanding, remain the norm. Methods: This study presents flexible...

We analyze the effect of adverse health shocks on households' expenditure shares in different good categories using a fixed-effects approach and a structural approach based on microeconomic theory. We find that, on average, households substitute health and food expenditure in response to adverse...

Large-scale debt forbearance is a key policy tool during crises, yet targeting is challenging due to information asymmetries. Using transaction-level data from a Portuguese bank during COVID-19, we find that financially fragile households are more likely to enter forbearance, irrespective of...