In this paper, we analyze the saving motives of European households using micro-data from the Household Finance and … Consumption Survey (HFCS), which is conducted by the European Central Bank. We find that the rank ordering of saving motives … most important saving motive of European households when the proportion of households saving for each motive is used as the …

We study an Agent-based model of household-bank relationships where households borrow for the purpose of consumption …. Desired consumption is driven by households disposable income as well as a social norm of consumption. If households care … constraints can reduce macroeconomic volatility. Since by assumption high-income and low-income households react equally sensitive …

harmonized data set collecting detailed information on wealth holdings, consumption and income at the household level. Since the … constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new … than households living in Continental Europe. Household characteristics and institutional macroeconomic variables are …

We examine how household balance sheets and income statements interact to affect bankruptcy decisions following an … varied exogenously based on family size. Receiving a larger income shock from the payment (relative to household income … (unsecured debt discharged minus liquidated assets forgone). Receiving an income shock thus causes households that would receive …

also the principle factor influencing social stratification. When discussing the income of European households in a … reflected in the phenomenon of income inequality, and their levels are also differentiated by the biological type of households …In the socioeconomic development of each country, income rates constitute a measure of the economic situation. They are …