cope with an unexpected expense and are more likely to complement their rainy day savings with funds from other sources …

future events on households’ financial situation. Households are asked to assess specific risks for their own household … (treatment) or for a household with similar characteristics (control). On average, households assign a lower probability to … shocks that negatively affect personal finances if asked for their own household compared to a similar household. We do not …

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 …

social programs, savings and the labor supplies of all adult household members. The optimal policy mix focuses mainly on … and savings decisions of singles and married couples. Partial insurance against wage and employment shocks is provided by … Social Assistance, which provides a permanent universal household income oor, with a minor role for temporary earnings …

Research has consistently shown that women's involvement in household decision making positively affects household … outcomes such as nutrition and education of children. Is financial literacy a determinant for women to participate in intra-household … decision making? Using data on savings groups in Rwanda, we examine this relationship and show that women with higher financial …

, savings, and the labor supplies of all adult household members. We show that the optimal policy mix is dominated by moderately …. To do so, we specify a structural life-cycle model of the labor supply, savings, and social assistance claiming decisions … generous social assistance, which guarantees a permanent universal minimum household income, with only a minor role for …

Household Finances collected in 2021, we show that about 62% of German households answer the Big Three financial literacy …

Excessive household borrowing has been identified as an important determinant of financial crises. Borrower …-based instruments to be evaluated ex ante. The simulation is based on microdata from the German Panel on Household Finances (PHF) and is …-macro consistent simulation approach can be used to detect vulnerabilities in household balance sheets and perform an ex ante analysis …

The Panel on Household Finances (PHF) is a new panel survey on household finances and wealth in Germany conducted by … the Deutsche Bundesbank. It covers the balance sheets, pension claims, savings, incomes and work histories of households … self-contained and comprehensive survey on household finances in Germany, the PHF is part of the Household Finance and …