Showing 1 - 10 of 77
Using comparable survey data from twelve European countries from 1994 to 2001 we investigate households’ attitudes towards mortgage indebtedness. We find that a given debt burden creates much higher distress in countries with fewer mortgage holders relative to countries where a significant...
Persistent link: https://www.econbiz.de/10009640403
We study how and to what extent private households are affected by the recent financial crisis and how their financial decisions are in uenced by this shock. Our analysis reveals that individuals with low levels of financial literacy are less likely to have invested in the stock market and thus...
Persistent link: https://www.econbiz.de/10009640632
We study taxable wealth in unique Swedish administrative data, annually following a large sample of households over a period of almost 40 years. The main data limitation is non-observability of wealth for those below the tax exemption level. This implies that much of the focus of the paper is on...
Persistent link: https://www.econbiz.de/10009640634
Using a new nationally representative survey of financial capability and experience in the UK and Ireland, I investigate the key factors that cause individuals to experience financial distress. In this context, a key area that I focus on is whether individuals’ behavioural traits, such as...
Persistent link: https://www.econbiz.de/10009640636
We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit card company. What is novel about our contribution is that we were given details of a randomized interest rate experiment conducted by the lender between October 2006 and...
Persistent link: https://www.econbiz.de/10009640638
Persistent link: https://www.econbiz.de/10010343060
The paper examines the impact of EU enlargement on migration, the effects of the transition period on the free movement … Schengen area and the 2+3+2 year transition period for the freedom of movement of workers from the new member states. The paper …
Persistent link: https://www.econbiz.de/10009636508
reforms in Turkey triggered by EU membership; and (iii) migration in response to the free movement of workers. Overall, the …
Persistent link: https://www.econbiz.de/10009636555
This paper deals with the discussion in Germany about job exports to the low-cost Eastern European members of the EU. It states that the critics of EU enlargement in Germany have overlooked that Eastern and Western Europe strongly differ in their capital formation and productivity levels. The...
Persistent link: https://www.econbiz.de/10009636556
migration is likely to be around 1.0% of the population of 15 years and older in the 10 acceding countries and 3 candidate … countries in the next five years. The largest, but relatively unrealistic, migration potential (people who expressed a general … inclination) is around 4.5% in the same time span. The predictions of this study for migration from the 10 central and eastern …
Persistent link: https://www.econbiz.de/10009636606