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Household Wealth in the Main OECD Countries

Author

Listed:
  • Riccardo De Bonis

    (Bank of Italy)

  • Daniele Fano
  • Teresa Sbano

Abstract

This paper analyses household wealth in Canada, France, Germany, Italy, Japan, Spain, the UK and the US. Building on a data set on financial accounts since 1980, we discuss the trends in household financial assets, the reasons for differences across countries, the tendency towards convergence, and the effects of the global financial crisis. We also comment on the evolution of household debt and real assets. In discussing the empirical evidence, the paper summarizes some of the recent literature on household wealth.

Suggested Citation

  • Riccardo De Bonis & Daniele Fano & Teresa Sbano, 2014. "Household Wealth in the Main OECD Countries," Rivista Bancaria - Minerva Bancaria, Istituto di Cultura Bancaria Francesco Parrillo, issue 5-6, September.
    • Handle: RePEc:rvs:bancar:14_5-6_2
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    Cited by:

    1. repec:nam:befdwp:10 is not listed on IDEAS
    2. Giampaolo Gabbi & Elisa Ticci, 2014. "Implications of financialisation for sustainability," Working papers wpaper47, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    3. Jozef Pacolet & Joris Vanormelingen, 2015. "Illicit Financial Flows: concepts and first macro estimates for Belgium and its 18 preferred partner countries," BeFinD Working Papers 0110, University of Namur, Department of Economics.

    More about this item

    Keywords

    household wealth and debt; financial systems;

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • G20 - Financial Economics - - Financial Institutions and Services - - - General

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