Recently, many papers have shown evidence of a positive association between financial market participation and wealth … propensity for planning retirement. In their planning process, individuals seek to achieve an optimal wealth level before their …

of homeownership in Malta, the median net wealth in Malta was estimated to be significantly higher than in the euro area …

effect of wealth shocks on household consumption and individual expectations of the future. Many household experienced a … significant wealth shocks, but these shocks led to modest spending effects and small revisions to expectations regarding future … bequests. Expectations of bequests seem particularly tied to housing wealth. …