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We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across individuals and across countries, using a European harmonised wealth survey (HFCS) combined with estimates of pension wealth (OECD). First, we find significant displacement...
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from the 2010 Household Finance and Consumption Survey (HFCS). We are particularly interested in the way in which specific …
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In this paper we analyse household holdings of the broad monetary aggregate M3 in the euro area from 1991 until 2009 …
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households using data from the Household Finance and Consumption Survey (HFCS). The capital gains from bond price and equity … price increases turn out to be concentrated among relatively few households, while the median household strongly benefits … from housing price increases. The capital gains from bond price increases (relative to household net wealth) do not …
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