This paper describes the methods of the fourth wave of the Spanish Survey of Household Finances (EFF2011), paying special attention to the innovations relative to the previous waves. The EFF2011 was designed to give continuity to the information on household finances collected through the...

The EFF collects detailed information on household assets, debts, income, consumption, and demographic variables. One important characteristic of this survey is that it oversamples high-wealth households. Another important characteristic of the EFF is that the second wave has a full panel...

This paper describes the methods of the second wave of the Spanish Survey of Household Finances (EFF2005), paying special attention to the innovations relative to the first wave. The EFF2005 was designed to give continuity to the information on household finances collected through the EFF2002....

The goal of this paper is to emphasise the importance of the way of handling missing data and its impact on the outcome of empirical studies. Using the 2002 wave of the Spanish Survey of Household Finances (EFF), I study the performance of alternative methods: listwise deletion, non-stochastic,...

This paper describes the methods used for imputation of the first wave of the Spanish Survey of Household Finances (EFF). It explains the motivation for using multiple imputation and describes its specific features, such as the use of the shadow values that flag each variable of the...

This paper describes the methods of the third wave of the Spanish Survey of Household Finances (EFF2008), paying special attention to the innovations relative to the previous waves. The EFF2008 was designed to give continuity to the information on household finances collected through the EFF2002...

The observed high levels of banks’ operating efficiency, profi ts and market values in the years before the financial crisis raise reasonable doubts about the information content of conventional performance measures for the accurate assessment of the efficiency of banking intermediation. In...

Since the 1980s, important and progressive reforms have profoundly reshaped the structure of the Chinese banking system. Many empirical studies suggest that financial reform promoted bank competition in most mature and emerging economies. However, some earlier studies that adopted conventional...

The aim of this paper is twofold. First, we present an up-to-date assessment of the differences across euro area countries in the distributions of various measures of debt conditional on household characteristics. We consider three different outcomes: the probability of holding debt, the amount...

Do laws to protect borrowers curb foreclosures? This question is addressed by analysing the impact of foreclosure laws on default rates at state level in the US mortgage market. Using panel data techniques, we find a statistically significant effect of regulation on the different stages of the...