We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity constraints on household finances in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new harmonized data set collecting detailed information on wealth holdings, consumption and income at the household level. We find evidence of some degree of homogeneity across countries withrespect to saving preferences and the relative importance of different motives for saving. In addition, we find a more heterogeneous impact of credit constraints on household finances, that are perceived to be binding for specific groups of respondents and geographic regions. Household characteristics andinstitutional macroeconomic variables are significant and economically important determinants of household saving preferences and credit constraints.

Netspar, Network for Studies on Pensions, Aging and Retirement, is een denktank en kennisnetwerk. Netspar is gericht op een goed geïnformeerd pensioendebat.

MEER OVER NETSPAR


Missie en strategie           •           Netwerk           •           Organisatie           •          Podcasts
Board Brief            •            Werkprogramma 2023-2027           •           Onderzoeksagenda

OVER NETSPAR

Onze partners

B20231704_DNB_Blacklogo
svb
B20211216_shell download
B20160708_uva
B20200924_Ortec Finance logo 250px_banner_small
Bekijk al onze partners