credit supply shock in Europe boosted household leverage and house prices. Third, we find that the credit shock had the …We investigate the role and impact of household debt on the economic performance of the European economy during the … and 2013 to calculate regional indicators of household debt and property prices. The detailed information allows us to …

This study examines the differences in household financial risk tolerance across the Eurozone countries and over time …. Using the HFCS data, household subjective financial risk tolerance, stock ownership, and mutual fund ownership are all found … to be increasing with household income, wealth, education, and home-ownership. Younger households are found to be more …