Arrondel, Luc; Bartiloro, Laura; Fessler, Pirmin; … - European Central Bank - 2014
Using the first wave of the Eurosystem Household Finance and Consumption Survey (HFCS), a large micro-level dataset on households’ balance sheets in 15 euro area countries, this paper explores how households allocate their assets. We derive stylised facts on asset participation as well as...
