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This paper compares the main findings from the third wave of the Household Finance and Consumption Survey (HFCS) for … of homeownership in Malta, the median net wealth in Malta was estimated to be significantly higher than in the euro area …
Persistent link: https://www.econbiz.de/10012253036
This paper compares the main findings from the fourth wave of the Household Finance and Consumption Survey (HFCS) for … of homeownership in Malta, the median net wealth in Malta was estimated to be significantly higher than in the euro area …
Persistent link: https://www.econbiz.de/10014416083
information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk …We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel …
Persistent link: https://www.econbiz.de/10011694737
inequality over the life cycle and of the individual-level degree of consumption insurance against persistent earnings shocks …). Allowing for richer earnings dynamics implies a substantially better profit of the evolution of cross-sectional consumption … generate enough concentration at the upper tail of the wealth distribution. …
Persistent link: https://www.econbiz.de/10011872415
evolution of wealth inequality measures. Our findings suggest that expansionary monetary policy shocks lead to an increase in … wealth inequality and contributed significantly to its fluctuations. This effect is heterogenous across the wealth …We use detailed micro information at household level from the Wealth and Assets Survey to construct measures of wealth …
Persistent link: https://www.econbiz.de/10012120339
This paper introduces the latest addition to the modelling toolkit of the Central Bank of Malta: a static Computable General Equilibrium model for Malta named MaCGE-MOD. Developed through a collaboration with the University of Macerata, the model is a multiinput, multi-output and multi-sector...
Persistent link: https://www.econbiz.de/10014330001
This article summarizes the main findings from the fourth wave of the Household Finance and Consumption Survey (HFCS …. The HFCS provides household-level data on assets, liabilities, wealth and income. As such, it plays an important role in …
Persistent link: https://www.econbiz.de/10014296471
Understanding the drivers of wealth transfers during life is crucial to understanding the intergenerational … transmission of inequality, the optimal design of social insurance, and the efficacy of expansionary fiscal policy. To shed light … on this, we analyse the relationships between giving and receiving significant wealth transfers and experiencing key life …
Persistent link: https://www.econbiz.de/10014372112
Persistent link: https://www.econbiz.de/10011926526
Persistent link: https://www.econbiz.de/10014511669