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The results from the second wave of the Eurosysystem's Household Finance and Consumption Survey (HFCS) indicate that …
Persistent link: https://www.econbiz.de/10012955485
to consume (MPCs). Our main contribution is to document how MPCs vary with household characteristics and prize size, and …
Persistent link: https://www.econbiz.de/10012896845
to consume (MPCs). Our main contribution is to document how MPCs vary with household characteristics and prize size, and …
Persistent link: https://www.econbiz.de/10012898430
This paper explores the importance of financial satisfaction for overall life satisfaction in households whose principal source of subjective stress is financial. Using data drawn from 2 waves (2005, 2010) of the nationally representative General Social Survey in Canada, we find that for...
Persistent link: https://www.econbiz.de/10012941440
While all segments of society have been impacted by the economic downturn of the past decade, some groups have suffered more than others. This research finds that Hispanic households were about twice as likely in 2010 to be seriously delinquent on debt payments as in 2004. During the same time...
Persistent link: https://www.econbiz.de/10012941799
and saved over time, and how households' marginal propensities to consume (MPCs) vary with household characteristics and …
Persistent link: https://www.econbiz.de/10012869106
measures of income variability and unemployment risk that capture the income risk of the specific household. Our empirical …
Persistent link: https://www.econbiz.de/10012974641
Did the financial crisis spread from distressed banks to households through a contraction of the credit supply? We study this question with a dataset that contains observations on all accounts in Danish banks as well as comprehensive information about individual account holders and banks. We...
Persistent link: https://www.econbiz.de/10013010472
We investigate the relationship between social interaction and household finances using data from the British Household … household finances and social interaction, rather than focusing one particular facet of household finances, such as the holding … the household balance sheet, i.e. liabilities and assets. Additionally, we allow the influence of social interaction on …
Persistent link: https://www.econbiz.de/10013051017
Using the Bank of Italy's Survey of Households Income and Wealth (SHIW) covering a 5-years panel, we measure the impact of the degree of households' financial literacy on the quota of housing investment in their portfolio. We find that households with higher levels of financial literacy hold a...
Persistent link: https://www.econbiz.de/10013057140