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Household wealth and consumption in the euro area

Gabe de Bondt, Arne Gieseck and Mika Tujula

Economic Bulletin Articles, 2020, vol. 1

Abstract: This article focuses on household wealth in the euro area from a macroeconomic perspective. It describes developments in financial and non-financial wealth and their driving forces. The impact of wealth on private consumption is then discussed. It concludes with some monetary policy implications. JEL Classification: E21, E52

Keywords: euro area; Households; Private consumption; Wealth (search for similar items in EconPapers)
Date: 2020-02
Note: 337418
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbart:2020:0001:1

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