Publicatie - Studie, onderzoeksrapport, analyse

A bigger house at the cost of an empty fridge? The effect of households' indebtedness on their consumption: Micro-evidence using Belgian HFCS data

Bron: nbb.be
01-03-2021
Publicatiejaar: 2021 Editie: 397 Aantal pagina's: 60
EN

This paper investigates the potentially non-linear relation between households' indebtedness and their consumption between 2010 and 2014 in Belgium. To do so, we use panel data from the two waves of the Household Finance and Consumption Survey. Unlike previous studies, we find a negative effect of households' indebtedness on their consumption, even in the absence of any negative shock on their assets. Our findings suggest that, without such a shock, it is the day-to-day sustainability of the deb

Bron: https://www.nbb.be/nl/articles/bigger-house-cost-empty-fridge-effect-households-indebtedness-their-consumption-micro - 01-03-2021
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Auteur(4)
Philippe Du Caju
François Rycx
Ilan Tojerow
Guillaume Périlleux
Termen(4)
Cijfers en statistieken huishoudens
Belgische statistieken
Financieel vermogen particulieren
Consumptie van de huishoudens