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estimates that households in the top income decile saw their share of total housing wealth and debt for purposes other than …Rationale This article presents annual distributions of aggregate wealth and debt components of Spanish households by … households when microeconomic data are lacking. •For the period 2020 to 2022, the model estimates that households in the bottom …
Persistent link: https://www.econbiz.de/10014371535
article analyzes the link between household consumption and its determinants during the pandemic in Spain. For this purpose …, both quantitative and qualitative data on consumption included in the Consumer Survey Expectations (CES) carried out by the … European Central Bank are used. First, we construct a consumption index on the basis of its qualitative data on spending trends …
Persistent link: https://www.econbiz.de/10013164786
positive impact on consumption (by reducing precautionary saving). Takeaways •The strength of the labour market and the rising … share of permanent contracts have helped reduce workers’ perceived probability of job loss. This lowers precautionary saving … spending on durable goods, and an albeit smaller impact on other non-essential expenditure. •The households whose spending on …
Persistent link: https://www.econbiz.de/10014324748
In 2009, the value of France’s national economic wealth fell for the second year running, but at a slower rate than in 2008. The upturn in net financial wealth partly offset the more pronounced contraction in the value of non-financial wealth, which was essentially caused by weaker property...
Persistent link: https://www.econbiz.de/10009195479
Motivación Los hogares en su conjunto acumularon una elevada bolsa de ahorro extraordinario durante la pandemia. El destino dado a esos fondos y la cuantía potencialmente disponible para el gasto en la actualidad resultan relevantes de cara a evaluar el soporte que este ahorro extraordinario...
Persistent link: https://www.econbiz.de/10014525721
households’ income, savings, borrowing and financial wealth evolved in 2018. The improvement in the labour market and the more … dynamic wage performance continued to boost household income and this, together with the increase in asset (especially housing …) values, and against a backdrop of very low interest rates, sustained household expenditure. The saving rate rose slightly in …
Persistent link: https://www.econbiz.de/10012523899
household income, consumption and saving, both at the aggregate level and for the main economies in the area. Drawing on the … consumption during the lockdown meant that saving rebounded in an extraordinary fashion. The outbreak of the second wave and … uncertainty over the scale of the economic impact will contribute, for some time longer, to saving remaining relatively high and …
Persistent link: https://www.econbiz.de/10012525417
converted to a permanent one has prompted households to increase their spending-to-income ratio by approximately 20% over the …
Persistent link: https://www.econbiz.de/10014000075
After declining for two years, France’s national economic wealth rose in 2010. Households’ total wealth largely …
Persistent link: https://www.econbiz.de/10010569721
of private world saving. This paper reports new evidence on the drivers of private saving by applying Bayesian techniques …, using data from the world’s 35 largest economies in the period 1980-2012. After reviewing the main theories of consumption … and saving decisions, and discussing the potential effects of different determinants, we specify a general model that …
Persistent link: https://www.econbiz.de/10012530596