Showing 1 - 10 of 91
, income and welfare state policies in explaining differences in household net wealth within and between euro area countries … wealth percentiles. At the same time, each additional percentile in the income distribution is associated with about 0.4 net …
Persistent link: https://www.econbiz.de/10013014961
This article aims at linking the household wealth and income distributions for 15 European countries using the … Household Finance and Consumption Survey. We study the role played by the household's location in the income distributions in … the position in the income distribution and by intergenerational transfers on the probability to be in a given wealth …
Persistent link: https://www.econbiz.de/10013053420
We found that on average over the period from 1989 to 2007, 21 percent of American households at a given point of time received a wealth transfer and these accounted for 23 percent of their net worth. Over the lifetime, about 30 percent of households could expect to receive a wealth transfer and...
Persistent link: https://www.econbiz.de/10011605346
We use household surveys to describe differences in wages, income, wealth and liquid assets of households born in their … "hand-to-mouth" (holding liquid assets worth less than two weeks of income), the corresponding share is 20% for households …
Persistent link: https://www.econbiz.de/10014278204
We found that on average over the period from 1989 to 2007, 21 percent of American households at a given point of time received a wealth transfer and these accounted for 23 percent of their net worth. Over the lifetime, about 30 percent of households could expect to receive a wealth transfer and...
Persistent link: https://www.econbiz.de/10013130151
We use household surveys to describe differences in wages, income, wealth and liquid assets of households born in their … “hand-to-mouth” (holding liquid assets worth less than two weeks of income), the corresponding share is 20% for households …
Persistent link: https://www.econbiz.de/10013491571
-simulations to investigate heterogeneity in the euro area. We quantify shocks to wealth, income and financial pressure faced by … affected the income-poor, while the declining wealth the income-rich. Although borrowers benefited from the substantial … decrease in interest rates, debt service-income and debt-income ratios for poor households went up as they faced falling …
Persistent link: https://www.econbiz.de/10011605750
We analyse the effect of shocks to housing wealth and income before and after the Great Recession. We combine datasets … containing information on expenditure, income, wealth and debt in a synthetic panel to understand how household indebtedness … affects the response to income and wealth shocks.We find evidence for both a housing wealth effect and income shocks …
Persistent link: https://www.econbiz.de/10012422051
- relative to older borrowers has played a major role in easing the debt repayment burden in the presence of large income shocks …. Notwithstanding historically low interest rates, we show that income shocks are the main factor contributing to mortgage repayment …
Persistent link: https://www.econbiz.de/10011804377
This paper studies the effects of quantitative easing on income and wealth of individual euro area households. The … which key variables affecting household income and wealth are included, such as the unemployment rate, wages, interest rates …-form simulation on micro data from the Household Finance and Consumption Survey, capturing the income composition, the portfolio …
Persistent link: https://www.econbiz.de/10012142034