In an economy undergoing structural reforms the composition of savings goes through considerable change. It is important to understand such changes both for increasing the volume of aggregate savings (to garner resources for higher economic growth) as well as affecting their composition (towards...

According to the structural approach, the financial system of an economy consists of four main components. They are financial markets, financial instruments, financial intermediaries (financial institutions), and financial regulators. Financial institutional environment in which financial...

Rationale This article presents annual distributions of aggregate wealth and debt components of Spanish households by income and wealth. Distributions for the period 2002 to 2020 are estimated drawing on the seven available waves of the Spanish Survey of Household Finances, while those for the...

Rationale Households overall built up a large stock of excess savings during the pandemic. The use of these excess savings and the potential amount currently available for spending are relevant to understanding how they may support consumption over the coming quarters. Takeaways •To end-2022,...

This paper presents the main results of the Spanish Survey of Household Finances 2022, which reflect the financial situation of Spanish households as at end-2022. These results are of particular interest, since they allow the income, assets, debt and spending of Spanish households to be analysed...

These instructions provide basic guidelines to help authors prepare their final camera-ready papers for IFRS 7 Financial Instruments Disclosures standard was elaborated in order to review the existing similarities in IAS 32 and in IAS 30, but also to eliminate the redundant and expensive...

There is a worldwide trend towards rapidly growing defined contribution pension funds in terms of assets and membership, and the choices available to individuals. This has shifted the decision making responsibility to fund members for managing the investment of their retirement savings. This...

There is a worldwide trend towards rapidly growing defined contribution pension funds in terms of assets and membership, and the choices available to individuals. This has shifted the decisionmaking responsibility to fund members for managing the investment of their retirement savings. This...

Examining committee:Michael Hibbard, chair

In a time of global economic uncertainty, maintaining a financial environment where consumers are protected from risk and continue to have opportunities to create wealth should be critical for governments, business and administrators. A financially capable population could therefore be the key...