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Financial Decisions of Households under Uncertainty
Understanding decision making of households has always been a key challenge of economic research. Some of the most relevant household choices are financial decisions regarding savings since these insure household consumption ...
Essays on Inflation Expectations, Leaning Against the Wind Policy, and Consumer Bankruptcy
Times of severe economic crisis are, fortunately, rare events. Large recessions, such as the Great Depression of the 1930s or the Great Recession during the late 2000s, have detrimental effects on all economic sectors. ...