. The HFCS provides household-level data on assets, liabilities, wealth and income. As such, it plays an important role in …This article summarizes the main findings from the fourth wave of the Household Finance and Consumption Survey (HFCS … macro statistics. The results also provide a glimpse of the impact of the COVID-19 pandemic on household balance sheets and …

the end of the economic crisis when household balance sheets had been repaired. We measure the effect of the mortgage … group. While a negative wealth effect on saving could have been expected, households amortized even more in response to the …

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 … of homeownership in Malta, the median net wealth in Malta was estimated to be significantly higher than in the euro area …

on wealth and lifetime earnings we evaluate measures of retirement preparedness. We estimate heterogeneous discount … have access only to a risk‐free asset compared to when we account for the fact that much of their wealth is stored in …