Closely following the seminal contribution of Jappelli and Pistaferri (2014) - based on Italian household survey data …

structural information for the euro area on the incidence of household indebtedness and the debt service burden. It breaks down … of theories such as the life-cycle hypothesis. Overall, income appears to be the dominant feature determining the debt … status of a household. The paper also examines the evolution of indebtedness and debt service burdens over time and compares …

constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new …

Survey, which provides household-level data collected in a harmonised way in all 19 euro area countries, as well as in the … Czech Republic, Croatia and Hungary. The total sample size is composed of more than 83,000 households. Although the survey … comparability of the survey data across countries and across waves. …