Who Bears the Cost of Recessions? The Role of House Prices and Household Debt

Keyphrases

• House Prices 100%
• Household Debt 100%
• Cost of Recessions 100%
• Zip Code 75%
• Consumption Growth 75%
• Income Growth 50%
• Shock 25%
• United States 25%
• Homeowners 25%
• Business Cycles 25%
• Household Heterogeneity 25%
• Great Recession 25%
• Macroeconomic Policy 25%
• Macroeconomics 25%
• Empirical Estimator 25%
• Net Worth 25%
• Income Level 25%
• Striking Pattern 25%
• Household Net Worth 25%
• Household Business 25%
• House Price Growth 25%
• Debt Cycles 25%
• Macroeconomic Outcomes 25%
• Housing Debt 25%
• Consumption Level 25%

Economics, Econometrics and Finance

• Real Estate Price 100%
• Macroeconomics 66%
• Business Cycle 33%
• Global Economic Crisis 33%