Household Finance and Consumption Survey 2020 in Latvia: Summary Report

Ludmila Fadejeva, Janis Mauris, Ieva Opmane and Andris Fisenko
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Janis Mauris: Bank of Latvia
Ieva Opmane: Bank of Latvia
Andris Fisenko: Bank of Latvia

No 2023/01, Discussion Papers from Latvijas Banka

Abstract: This paper presents results from the fourth wave of the Eurosystem Household Finance and Consumption Survey (HFCS) for Latvia conducted in 2020. The paper focuses on the net wealth components of the household balance sheet – real assets, financial assets and liabili- ties. The report includes three special boxes – on precautionary savings, on potential change in household balance sheet due to rising interest rates and expenditures, and on the effect of Covid-19 pandemic. A detailed description of the use of administrative data in the HFCS database construction is provided in the Appendix.

Keywords: household finance and consumption survey; Latvia; assets; liabilities; net wealth; financial vulnerability; income; consumption (search for similar items in EconPapers)
JEL-codes: D14 D31 E21 (search for similar items in EconPapers)
Date: 2023-07-27
New Economics Papers: this item is included in nep-eur and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:ltv:dpaper:202301

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