We revisit optimal investment in energy-efficiency, presenting a decision framework built around the agent's wealth and … wealth dynamic. An investment rule in the form of a trigger is derived such that the agent invests the first time the energy …-carrier price crosses this threshold from below. Wealthier consumers, and those whose wealth grows faster, are seen to have less …

-quarter of total household wealth in Europe provides further corroboration for this finding. …In this paper, we analyze the saving motives of European households using micro-data from the Household Finance and …

lack of reliable panel data on household expenditures. One possibility is to use surveys that follow the same households … alternative approach is to use the accounting identity that total household spending is equal to income plus capital gains minus … the change in wealth over the period. The goal of this paper is to examine the advantages and difficulties of using this …

This report summarises the methodologies used in the fourth wave of the Eurosystem Household Finance and Consumption … Survey, which provides household-level data collected in a harmonised way in all 19 euro area countries, as well as in the …

The Household Finance and Consumption Survey (HFCS) provides information about household wealth (real and financial …

Wealth surveys tend to underestimate wealth concentration at the top due to the "missing rich" problem. We propose a … new way of improving the credibility of wealth surveys: We make them consistent with tabulated income tax data. This is … possible with the Household Finance and Consumption Survey (HFCS), which takes place in most European countries every three …

holdings and liabilities of all households within a country. In principle, when household wealth surveys are explicitly …The financial accounts of the household sector within the system of national accounts report the aggregate asset …. Thereafter we investigate missing top tail observation from wealth surveys as a source of discrepancy. By fitting a Pareto …

and wealth inequality, and studies how they have developed. The analysis shows less wage dispersion in Spain than in other … inequality in per capita income. The level of inequality in Spain is more moderate when total gross household income is analysed … of a decrease in expenditure on consumer durables by low-income households. Wealth inequality exceeds income inequality …