Showing 51 - 60 of 162
Results from the Eurosystem Household Finance and Consumption Survey reveal substantial variation in household net wealth across euro area countries that await explanation. This paper focuses on three main factors for the wealth accumulation process, i) homeownership, ii) housing value...
Persistent link: https://www.econbiz.de/10011605735
We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new harmonized data set collecting detailed information on...
Persistent link: https://www.econbiz.de/10011605835
Da etwa ¾ aller Selbständigen nicht durch ein obligatorisches Altersvorsorgewerk abgesichert sind, stellt sich die Frage, inwieweit Altersarmut für diese Selbständigen zum Problem werden könnte. Eine eingehende Untersuchung des Altersvorsorge-Verhaltens von Selbständigen er-scheint daher...
Persistent link: https://www.econbiz.de/10008486509
Persistent link: https://www.econbiz.de/10008486726
This paper documents the implementation of a logical imputation based on the panel structure of the 2003 to 2008 waves of the German SAVE dataset. A new release of the waves 2003-2008 will be available from June 2009. The concept and the principles of the underlying logical panel imputation are...
Persistent link: https://www.econbiz.de/10005244964
We study how and to what extent private households are affected by the recent financial crisis and how their financial decisions are inuenced by this shock. Our analysis reveals that individuals with low levels of financial literacy are less likely to have invested in the stock market and thus...
Persistent link: https://www.econbiz.de/10009276986
We study how and to what extent private households are affected by the recent financial crisis and how their financial decisions are influenced by this shock. Our analysis reveals that individuals with low levels of financial literacy are less likely to have invested in the stock market and thus...
Persistent link: https://www.econbiz.de/10008854654
Questions about monetary variables (such as income, wealth or savings) are key components of questionnaires on household finances. However, missing information on such sensitive topics is a well-known phenomenon which can seriously bias any inference based only on complete cases analysis. Many...
Persistent link: https://www.econbiz.de/10008837766
This study aims at estimating the losses in old-age wealth and forfeited returns. The analysis is based on the German SAVE study in 2008. In comparison to a scenario without the crisis individuals on average lost 4.3% of their financial wealth. Considering only wealth in investment classes...
Persistent link: https://www.econbiz.de/10008751853
While life-cycle theory makes the clear prediction that people dissave at old-age, this prediction is not at all borne out by the data from many countries. Various suggestions have been made to explain this discrepancy. This paper sheds more light on the effect of the exclusion of...
Persistent link: https://www.econbiz.de/10008788456