This report analyses the portfolio behaviour of Dutch households. The study is partly based on information from a broad … are becoming more and more important in households assets. Hence, Dutch consumers have become much more sensitive to …

This report analyses the portfolio behaviour of Dutch households. The study is partly based on information from a broad … are becoming more and more important in households assets. Hence, Dutch consumers have become much more sensitive to …

. The consumption growth lagged behind the substantial increase in purchasing power. This 'consumption puzzle' is put in the … perspective of the relatively high consumption growth in the preceding years. Wealth- and saturation-effects are put forward as … the main explanations for the divergence of the consumption growth and the purchasing power increase in recent years. …