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 wealth holdings, consumption and income at the household level. Since the …

Using credit report records and data collected from several household surveys, we analyze changes in household debt and … appears to reflect a considerable decline in household debt, as households paid down mortgage debt in particular. At the end …

both the value of the housing state variable and the household's degree of relative risk aversion. Empirical results using …

its significance at the onset of the financial crisis. Household income, suggested by economic theory as a basis for …

In this paper, I conduct an international comparison of the financial health of households using data on household … wealth and indebtedness for the Group of Seven (G7) countries and show that, even though household borrowings in Japan were … the highest among the G7 countries, at least until 2000, household assets were also high in Japan, as a result of which …

Normative analyses of household financial decisions typically assume parameters of the household utility function. Some … household analyses appearing in finance and economics journals, examine the parameters assumed for risk aversion, intertemporal … have provided estimates of household parameter values are examined. None of the normative articles cited an independent …

Retirement Study. For the median household aged 51 to 57, the lifetime welfare cost of market incompleteness and suboptimal …