Research Discussion Paper – RDP 2022-06 Do Australian Households Borrow to Keep up with the Joneses?


I would like to thank Nalini Agarwal, Kadir Atalay, Benjamin Beckers, James Bishop, Anthony Brassil, Deborah Cobb-Clark, Thomas Cusbert, Jonathan Hambur, Patrick Hendy, Gianni La Cava, Gulnara Nolan, Gabrielle Penrose, Matthew Read, John Simon, Brian Tran, Michelle Wright and Anirudh Yadav for their feedback. The views expressed in this paper are those of the author and do not necessarily reflect the views of the Reserve Bank of Australia. The author is solely responsible for any errors.