, consumption and savings of households. It gives a measure of purchasing power within a consistent and integrated framework, which … "mean" household but without information on disparities between households. On the other hand, several types of household …

economic environment on households' portfolio choice in the euro area. The empirical analysis is based on data from Household … Finances and Consumption Survey (HFCS) published in 2013. We identify life cycle impacts on households' portfolio choice in … settings impacts on households' portfolio choice. There are wide disparities in household savings behavior in the euro area …

In the past twenty years, household wealth undergoes profound changes and in particular a notable increase of the share … of financial wealth. The hike of stock market prices in the late 1990s, the burst of the speculative bubble since the … summer of 2000 and the continued upsurge of housing prices lead to important swings of the value of household wealth. These …

English Abstract: Income shocks to poorer households may lead parents to withdraw their children from school and enter … income shocks (natural experiments) or the perception of this prevalence aggravates households' risk aversion, by …