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framework illustrating the numerous channels of the transmission mechanism of surprise inflation to household welfare guides our …
Persistent link: https://www.econbiz.de/10014483008
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Closely following the seminal contribution of Jappelli and Pistaferri (2014) - based on Italian household survey data … across countries, household-characteristics, and major items of the households' balance sheets such as cash-on-hand, liquid …
Persistent link: https://www.econbiz.de/10014486919
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This paper compares the main findings from the fourth wave of the Household Finance and Consumption Survey (HFCS) for … Malta with those for the euro area. This comparative report finds that in 2020 the median Maltese household held more real …
Persistent link: https://www.econbiz.de/10014416083
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In this paper, we analyze the saving motives of European households using micro-data from the Household Finance and …-quarter of total household wealth in Europe provides further corroboration for this finding. …
Persistent link: https://www.econbiz.de/10015047840
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Preparations are underway to revise national accounting to implement actuarial recording of pension liabilities for corporations and government as an employer. This paper extends this to unfunded public pensions with the help of "implicit tax" in pension contributions. The clearest advantages of...
Persistent link: https://www.econbiz.de/10011449487
This paper uses a new cross-country cross-industry dataset on investment in tangible and intangible assets for 18 European countries and the US. We set out a framework for measuring intangible investment and capital stocks and their effect on output, inputs and total factor productivity. The...
Persistent link: https://www.econbiz.de/10011587816