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questions: i) How is homeownership and housing tenure distributed across the population along various socio … socio-economic groups? What is the impact of mortgage debt on access to homeownership and wealth accumulation, and on debt … residential mobility? iv) Is there a link between homeownership and wealth inequality? Between inequality in housing wealth and in …
Persistent link: https://www.econbiz.de/10012202943
Persistent link: https://www.econbiz.de/10001682387
In this paper, we estimate consumption in the first wave of the Eurosystem Household Finance and Consumption Survey for … a subset of countries that account for around 85% of the aggregate final consumption expenditure of households in the … questions on consumption asked to households participating in the survey and information on consumption collected in the …
Persistent link: https://www.econbiz.de/10011664054
This report summarises key stylised facts from the first wave of the Eurosystem Household Finance and Consumption … 62,000 households. The report presents results on household assets and liabilities, income, and indicators of consumption …
Persistent link: https://www.econbiz.de/10011664034
Using data from OECD countries over the past three decades, this paper shows that financial expansion has fuelled greater income inequality. Higher levels of credit intermediation and stock markets are both related with a more unequal distribution of income. Greater income inequality may not...
Persistent link: https://www.econbiz.de/10011399477
on their savings. In addition, financial institutions help people protect their consumption against temporary changes in …
Persistent link: https://www.econbiz.de/10011399481
This paper uses household level data from the German Socio-Economic Panel (GSOEP) over the period 1991 to 2008 to analyse the driving factors of movements in the German household savings rate. Specifically, it analyses the impact of the precautionary savings motive and the impact of the 2002...
Persistent link: https://www.econbiz.de/10009696504
In the run-up to the financial crisis, indebtedness of households and non-financial businesses rose to historically high levels in many OECD countries; gross debt of financial companies rose dramatically relative to GDP. Much of the debt accumulation appears to have been based on excessive...
Persistent link: https://www.econbiz.de/10010231133
Household debt has risen markedly since the turn of the century and stands at a historically high level in most OECD countries. This paper offers an overview of developments in household debt over the past decades across a large sample of OECD countries, highlighting both common trends and...
Persistent link: https://www.econbiz.de/10011577657