characteristics on personal finances. - Personal Finance ; Financial Strain ; Debt ; Behaviour ; Financial Literacy …

Drawing on the 2013 Household Finance and Consumption Survey (HFCS) and complementary administrative data sources, we … simulate household balance sheets at the micro level for the 2005-14 period. We use this dataset to tell the story of household … - relative to older borrowers has played a major role in easing the debt repayment burden in the presence of large income shocks …

holdings and liabilities of all households within a country. In principle, when household wealth surveys are explicitly …The financial accounts of the household sector within the system of national accounts report the aggregate asset …. Thereafter we investigate missing top tail observation from wealth surveys as a source of discrepancy. By fitting a Pareto …

which key variables affecting household income and wealth are included, such as the unemployment rate, wages, interest rates …This paper studies the effects of quantitative easing on income and wealth of individual euro area households. The …-form simulation on micro data from the Household Finance and Consumption Survey, capturing the income composition, the portfolio …

How sizable is the wealth effect on consumption in euro area countries? To address this question, we use newly … available harmonized euro area wealth data and the methodology in Carroll et al. (2011b). We find that the marginal propensity … to consume out of total wealth averaged across the largest euro area economies is around 3 cents per euro, with a …

countries. We estimate the MPC based on a cross-country harmonized household level dataset which combines surveys on wealth …This paper studies the heterogeneity of the marginal propensity to consume out of wealth (MPC) both across and within … are very similar to those obtained on aggregate data and show substantial heterogeneity across countries. The wealth …

We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across … individuals and across countries, using a European harmonised wealth survey (HFCS) combined with estimates of pension wealth (OECD …). First, we find significant displacement effects of mandatory pension wealth on non-pension financial wealth at the mean, and …