even as the household sector's debt-to-income ratio has almost doubled in the past 20 years. Estimates based on the …We study whether the level of household indebtedness is related to the interest rate elasticity of private consumption … household-level Finnish Wealth Survey suggest that the share of liquidity-constrained households has declined over the same time …

and perceptions of corruption. The results indicate that anxiety related to the (severe) downside risk of income has large … European countries. Using the special module of the European Union Statistics on Income and Living Conditions micro-data on … importance of income vulnerability for the middle class is on a par with (or even greater than) economic factors such as severe …

This report summarises the methodologies used in the fourth wave of the Eurosystem Household Finance and Consumption … Survey, which provides household-level data collected in a harmonised way in all 19 euro area countries, as well as in the …

household assets and liabilities, income, and indicators of consumption and credit constraints. …This report summarises the stylized facts from the fourth wave of the Eurosystem Household Finance and Consumption … Survey, which provides household-level data collected in a harmonised way in all 19 euro area countries, as well as in the …

marginal and average spending shares. We apply our method to Chinese spending responses to disposable income changes induced by … response. By combining this marginal spending share on durables with an average spending share of 14%, we estimate the annual … depreciation rate of durables in China to be 0.16. …