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Wealth and income in the euro area: Heterogeneity in households' behaviours?

Author

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  • Roger, Muriel
  • Arrondel, Luc
  • Savignac, Frédérique

Abstract

This article aims at linking the household wealth and income distributions for 15 European countries using the Household Finance and Consumption Survey. We study the role played by the household JEL Classification: D31, C35

Suggested Citation

  • Roger, Muriel & Arrondel, Luc & Savignac, Frédérique, 2014. "Wealth and income in the euro area: Heterogeneity in households' behaviours?," Working Paper Series 1709, European Central Bank.
  • Handle: RePEc:ecb:ecbwps:20141709
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    References listed on IDEAS

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    Cited by:

    1. Ilias Georgakopoulos, 2019. "Income and Wealth Inequality in Malta," International Journal of Social Science Studies, Redfame publishing, vol. 7(5), pages 58-71, September.
    2. Felipe Martínez & Francisca Uribe, 2017. "Distribución de Riqueza no Previsional de los Hogares Chilenos," Working Papers Central Bank of Chile 806, Central Bank of Chile.
    3. Felipe Martínez & Francisca Uribe, 2018. "Determinants of Household Position within Chilean Wealth Household’s Distribution," Working Papers Central Bank of Chile 827, Central Bank of Chile.
    4. Kuypers, Sarah & Marx, Ive, 2016. "Estimation of Joint Income? Wealth Poverty: A Sensitivity Analysis," IZA Discussion Papers 10391, Institute of Labor Economics (IZA).
    5. Marina Kunovac, 2020. "Distribution of household assets in Croatia," Public Sector Economics, Institute of Public Finance, vol. 44(3), pages 265-297.
    6. Mathias Moser & Stefan Humer & Matthias Schnetzer, 2016. "Bequests and the accumulation of wealth in the Eurozone," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 149, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    7. Anita Tiefensee & Christian Westermeier, 2016. "Intergenerational Transfers and Wealth in the Euro-Area: The Relevance of Inheritances and Gifts in Absolute and Relative Terms," Discussion Papers of DIW Berlin 1556, DIW Berlin, German Institute for Economic Research.
    8. Figari, Francesco & Kuypers, Sarah & Verbist, Gerlinde, 2018. "Redistribution in a joint income-wealth perspective: a cross-country comparison," EUROMOD Working Papers EM3/18, EUROMOD at the Institute for Social and Economic Research.
    9. Kontbay-Busun, Sine & Peichl, Andreas, 2014. "Multidimensional affluence in income and wealth in the eurozone: A cross country comparison using the HFCS," ZEW Discussion Papers 14-124, ZEW - Leibniz Centre for European Economic Research.
    10. Stefan Humer & Mathias Moser & Matthias Schnetzer, 2017. "Inheritances and the Accumulation of Wealth in the Eurozone," ICAE Working Papers 73, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    11. Figari, Francesco & Kuypers, Sarah & Verbist, Gerlinde, 2020. "An Assessment of Wealth Taxes in a Joint Income-Wealth Perspective," EUROMOD Working Papers EM17/20, EUROMOD at the Institute for Social and Economic Research.
    12. Ilari Ilmakunnas & Joonas Uotinen & Maria Vaalavuo, 2024. "Association Between Age and Subjective Economic Hardship Across the Income Distribution in Europe," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 173(2), pages 523-542, June.
    13. Sarah Kuypers & Ive Marx, 2018. "Estimation of Joint Income-Wealth Poverty: A Sensitivity Analysis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 136(1), pages 117-137, February.
    14. Sarah Kuypers & Ive Marx, 2019. "The Truly Vulnerable: Integrating Wealth into the Measurement of Poverty and Social Policy Effectiveness," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 142(1), pages 131-147, February.
    15. Graciela Sanroman & Guillermo Santos, 2021. "The joint distribution of income and wealth in Uruguay," Revista Cuadernos de Economia, Universidad Nacional de Colombia, FCE, CID, vol. 40(83), pages 609-642, August.

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    More about this item

    Keywords

    accumulation behaviours; cross-country comparisons; generalized ordered probit model; inheritances; wealth and income distributions;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions

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