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countries. We estimate the MPC based on a cross-country harmonized household level dataset which combines surveys on wealth …
Persistent link: https://www.econbiz.de/10012844559
and evaluate their impact on the unconditional distribution of household income and selected inequality measures. We …
Persistent link: https://www.econbiz.de/10013033015
component on the Survey of Household Income and Wealth. We find that households that received the tax rebate increased their … results we then simulate an overlapping generations model of household consumption: the marginal propensity to consume …
Persistent link: https://www.econbiz.de/10012947896
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/10013020673
We extend household-level data from the Household Finance and Consumption Survey using aggregate series and micro … incomes. Household deleveraging was primarily driven by the restrained mortgage borrowing by the young. In several countries …
Persistent link: https://www.econbiz.de/10013051171
-adjusted income levels, various socioeconomic characteristics, housing traits, country-specific constant terms, and household …
Persistent link: https://www.econbiz.de/10013147952
We use a unique dataset with bank clients' security holdings for all German banks to examine how macroeconomic shocks affect asset allocation preferences of households and non-financial firms. Our analysis focuses on two alternative mechanisms which can influence portfolio choice: wealth shocks,...
Persistent link: https://www.econbiz.de/10013057161
cars. Moreover, we show that such beliefs also influence household expectations about own income prospects, future access … Ricardian effects in household behaviour. We find that perceptions affect spending also among households that did not receive …
Persistent link: https://www.econbiz.de/10013300858
Italian household panel data (SHIW) of 1989-2002. We found all households react similarly to aggregate housing and stock …
Persistent link: https://www.econbiz.de/10013316629
Does the general public know what central banks do? Is this kind of knowledge relevant? Using a survey of Dutch households, we investigate these questions for the case of the European Central Bank (ECB). Our findings suggest that knowledge on the ECB's objectives is far from perfect. Both a weak...
Persistent link: https://www.econbiz.de/10013132595