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Household Finance and Consumption Survey 2017 in Latvia

Author

Listed:
  • Ludmila Fadejeva

    (Bank of Latvia)

  • Anete Migale

    (Bank of Latvia)

  • Mikelis Zondaks

    (Bank of Latvia)

Abstract

This paper presents Latvia's results from the third wave of the Eurosystem's Household Finance and Consumption Survey (HFCS) conducted in 2017. The paper focuses on the wealth components of the household balance sheet – real and financial assets, liabilities, as well as income and consumption. The HFCS questionnaire includes an extensive list of quantitative and qualitative questions; therefore, our paper presents changes in the household balance sheet taking into account both numeric and self-assessment aspects. The results are compared to the HFCS 2014 results in Latvia and the HFCS 2014 and the HFCS 2017 results in the euro area.

Suggested Citation

  • Ludmila Fadejeva & Anete Migale & Mikelis Zondaks, 2020. "Household Finance and Consumption Survey 2017 in Latvia," Discussion Papers 2020/01, Latvijas Banka.
    • Handle: RePEc:ltv:dpaper:202001
    as

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    File URL: https://datnes.latvijasbanka.lv/papers/discussion/DM_1_2020-en.pdf
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    References listed on IDEAS

    as
    1. The Eurosystem Household Finance and Consumption Network, 2009. "Survey data on household finance and consumption - research summary and policy use," Occasional Paper Series 100, European Central Bank.
    2. Eurosystem Household Finance and Consumption Network, 2013. "The Eurosystem Household Finance and Consumption Survey - Methodological report," Statistics Paper Series 1, European Central Bank.
    3. Eurosystem Household Finance and Consumption Network, 2013. "The Eurosystem Household Finance and Consumption Survey - Results from the first wave," Statistics Paper Series 2, European Central Bank.
    4. Ludmila Fadejeva & Janis Lapins & Liva Zorgenfreija, 2018. "Results of the Household Finance and Consumption Survey in Latvia," Discussion Papers 2018/01, Latvijas Banka.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Ludmila Fadejeva & Olegs Tkacevs, 2021. "Are Tax-Favoured Savings Plans Effective in Raising Private Savings?," Discussion Papers 2021/01, Latvijas Banka.

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    More about this item

    Keywords

    household finance and consumption survey; Latvia; assets; liabilities; net wealth; financial vulnerability; income; consumption;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth

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