Household credit, especially for mortgages, has doubled over the past years in the new European Union member countries …, raising concerns about the economic and social consequences of household indebtedness in the event of a macroeconomic crisis …. Using household survey data for 2005, 2006, and 2007 for both old and new European Union members, this paper assesses the …

shortfalls. As a result, policy makers increasingly seek to understand retirement savings patterns, a crucial component of the … with high savings rates, are also more likely to save for old age. The paper also finds that measures to increase trust in …

and unique evidence on which households have savings and how they save. The paper shows that the percentage of savers is … low, and savings are frequently informal. Formal savings are dominated by bank savings, and participation in contractual … and capital market savings is very low in comparison to high-income countries. Poor households are significantly less …

Using household data from the Russian Longitudinal Monitoring Survey, this paper assesses how aging affects saving. To …

history. The analysis shows that debt relief has a persistent effect on the level of household debt, but does not increase …

shocks not only impact a household's welfare, but also increase the probability of loan default. As a result, there is a … suggests that household over-indebtedness in Croatia is unlikely to become a drag on aggregate economic activity and that … captured by household budget surveys. It follows that the calculations in this paper should primarily focus on the increased …

This paper examines the state of reverse mortgage markets in selected countries around the world and considers the …

approach to prevent the overheating of mortgage lending and to minimize the risk of loan default. The Korean financial … supervisory authority made adjustments in response to both the condition of the housing market and trends in mortgage loans. The … debt-to-income ratios and other restrictions on mortgage lending can be employed as an important part of a countercyclical …