Showing 1 - 10 of 87
Individuals are increasingly put in charge of their financial security after retirement. Moreover, the supply of complex financial products has increased considerably over the years. However, we still have little or no information about whether individuals have the financial knowledge and skills...
Persistent link: https://www.econbiz.de/10005106651
We investigate a novel dynamic choice problem in an experiment where emotions are measured through self-reports. The choice problem concerns the investment of an amount of money in a safe option and a risky option when there is a "global risk" of losing all earnings, from both options, including...
Persistent link: https://www.econbiz.de/10005101786
saving for retirement and favours a defined benefit pension system. If offered a combined defined benefit …
Persistent link: https://www.econbiz.de/10005101846
We present new evidence on financial literacy and retirement preparation in the Netherlands based on two surveys conducted before and after the onset of the financial crisis. We document that while financial knowledge did not increase from 2005 to 2010, significantly more individuals planned for...
Persistent link: https://www.econbiz.de/10008860748
This report analyses the portfolio behaviour of Dutch households. The study is partly based on information from a broad survey commissioned by the Nederlandsche Bank, held in March of this year. The investigation shows that risk bearing elements are becoming more and more important in households...
Persistent link: https://www.econbiz.de/10005101930
This report analyses the portfolio behaviour of Dutch households. The study is partly based on information from a broad survey commissioned by the Nederlandsche Bank, held in March of this year. The investigation shows that risk bearing elements are becoming more and more important in households...
Persistent link: https://www.econbiz.de/10005021857
What is the role of micro and macro factors in determining house prices? We address this question empirically by analysing survey data on housing and mortgages from the DNB Household Survey for the period 1993-2009. We focus on the determinants of house owners' subjective assessment of the value...
Persistent link: https://www.econbiz.de/10008860750
consumption and the level of government debt. In countries with a high level of government debt, a fiscal expansion is partly … crowded out by a fall in private consumption. In contrast, in low debt countries, private consumption is insensitive to …
Persistent link: https://www.econbiz.de/10005101851
external finance premium (EFP), that may vary over the business cycle, on private consumption in Europe. A consumption model … consumption, but also external finance, which availability depends on the EFP. The empirical analysis shows an accelerator effect … of the EFP on consumption for Germany, Italy and the Netherlands. In contrast, for France, the United Kingdom and Belgium …
Persistent link: https://www.econbiz.de/10005101950
The study quantifies stock market and housing market wealth effects on households' non-durable consumption using … market and housing market wealth effects on households' non-durable consumption using Italian household panel data (SHIW) of … market wealth effects on households' non-durable consumption using Italian household panel data (SHIW) of 1989-2002. We found …
Persistent link: https://www.econbiz.de/10005021843