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The purpose of this paper is to estimate the impact of capitalising durable goods on the Euro area household saving … National Accounts 1993. Secondly, the issue is related to the definition of household saving ratios. For instance, the U ….S. Federal Reserve Board publishes three household saving measures. The main difference between these saving ratios is that one …
Persistent link: https://www.econbiz.de/10011604801
International and national investors are often exposed to real wealth risks, stemming from volatile asset prices and …, price level and futures price and hence real wealth is stochastic. For a risk averse investor, optimal consumption and …
Persistent link: https://www.econbiz.de/10010296789
. Despite this truism, there is relatively little information available on household consumption behaviour in Hungary stemming … from investigations based on economic theory. The study sets out to fill the gap with an estimate based on the now … then show how this framework can be used to quantify the effects of price changes and to calculate household consumption …
Persistent link: https://www.econbiz.de/10010494363
on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …
Persistent link: https://www.econbiz.de/10010277211
Given differences in public saving programs between Sweden and the United States, an examination of household private … wealth accumulation in these two countries can be enlightening. In this paper we examine wealth inequality and mobility in … Sweden and the United States over the past decade. We show that wealth inequality has been significantly greater in the U …
Persistent link: https://www.econbiz.de/10010321756
Sowohl die Einkommensarmut als auch der Einkommensreichtum haben in Deutschland in den letzten Jahren deutlich zugenommen, zu Lasten der mittleren Einkommensgruppen. Reichtum sollte auch die Freiheit von materiellen Sorgen bedeuten. Trotz der Polarisierung der Einkommensverteilung hat der Anteil...
Persistent link: https://www.econbiz.de/10011602048
housing markets are therefore key to understanding personal portfolios, saving, the household distribution of wealth, and the …Housing is the single most important component of personal wealth in most countries. The special characteristics of … consumption of housing as a component of personal wealth. The impacts of rates of home ownership, credit market characteristics …
Persistent link: https://www.econbiz.de/10010284569
household financial assets. Our results suggest that banks information policies have the potential to be an effective tool to … increase individuals' financial literacy and that the relationship between financial literacy and wealth is largely …
Persistent link: https://www.econbiz.de/10010289931
combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting … for fluctuations in income and out-of-pocket medical expenses, as well as financial wealth sufficient to buffer against …
Persistent link: https://www.econbiz.de/10010289981
kink allows me to identify how UI affect the use of private wealth to finance consumption during unemployment spells. Using … significantly larger liquid wealth than men and young singles. …
Persistent link: https://www.econbiz.de/10010321386