The ECB recently published the first results of the euro area Household Finance and Consumption Survey (HFCS) and a report on the methodologies applied (ECB, 2013a and 2013b). The fact that the HFCS results vary considerably across the euro area gives rise to questions regarding their...

We examine recently compiled microdata from the OECD/INFE survey covering information on the financial literacy of adult individuals from twelve countries around the globe. We find large differences in financial literacy across countries and decompose them into those explainable by differences...

Piketty (2017) argues in favor of a multidimensional and relational approach to the analysis of wealth inequality. Specifically, he suggests that social classes should be analyzed in terms of the power and production relations between social groups, not just the percentiles in statistical...

We derive a non-inflationary rate of capacity utilisation (NIRCU)—as recently proposed by Köberl and Lein (Can J Econ 44:673–694, <CitationRef CitationID="CR6">2011</CitationRef>)—based on a large Austrian firm-level panel dataset ranging from 1996 to 2011. By conditioning the current capacity utilisation of firms on their current...</citationref>