the determinants of household debt holding and to investigate whether or not credit constraints are important for … household debt holding. We extend the existing literature in important ways. First, we present comparative evidence for four … countries at the micro level, where we rely on household panel data for two countries; we are thus able to control for …

Who is wealthy? This paper presents empirical estimates of household movements into and out of the top percents of the …

Since the early nineties, the Dutch tax system allows for a tax-favored form of risk free savings through employer …- sponsored savings plans (ESSPs). Under some conditions and up to a certain amount, the contributions to this plan are tax … suggests that those who have access to this type of savings should participate in them, provided they have some financial …

This paper proposes an alternative, dynamic framework for estimating time-varying values of travel time savings and … of travel time savings and schedule delay costs, is a special case of our model, and that it is implausible particularly … vary strongly over the morning peak, and values of travel time savings are consequently strongly time-dependent, following …

to find a household's optimal welfare and we measure vulnerability as the shortfall from the welfare attained if the … household consumed permanently at the poverty line. The results indicate that vulnerability is very sensitive to the time …