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from the 2010 Household Finance and Consumption Survey (HFCS). We are particularly interested in the way in which specific …
Persistent link: https://www.econbiz.de/10011373659
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 …
Persistent link: https://www.econbiz.de/10011316626
We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity … constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new … harmonized data set collecting detailed information on wealth holdings, consumption and income at the household level. Since the …
Persistent link: https://www.econbiz.de/10010388544
document substantial heterogeneity across these dimensions. The median household in the euro area has a positive interest rate …
Persistent link: https://www.econbiz.de/10011963126
Using the Household Finance and Consumption Survey (HFCS), a large micro-level dataset on households’ wealth in fifteen … participation as well as levels of asset holdings and investigate the systematic relationships between household characteristics and …
Persistent link: https://www.econbiz.de/10010384151
Evidence on the credibility of a central bank's inflation target typically refers to the anchoring of survey-based measures of inflation expectations. However, both the survey question and the anchoring criteria are only loosely connected to the actual inflation target used in monetary policy...
Persistent link: https://www.econbiz.de/10012225643
We study how households adjust their medium-term inflation expectations under the new ECB strategy. We find that survey respondents make little difference between the previous strategy of targeting inflation rates close to but below 2% and the new strategy with a symmetric 2% target. Yet,...
Persistent link: https://www.econbiz.de/10014391441
Persistent link: https://www.econbiz.de/10000702259
relates it to consumption at both the aggregate and cohort levels. The Household External Finance (HEF) index is based on the … finance ; terms of access ; household consumption ; birth cohorts ; pseudo panels …
Persistent link: https://www.econbiz.de/10003770102
. -- Household saving ; Saving incentives ; Retirement ; Riester scheme ; Coarsened exact matching …
Persistent link: https://www.econbiz.de/10003952553