Household wealth and consumption in the euro area
Gabe de Bondt,
Arne Gieseck and
Economic Bulletin Articles, 2020, vol. 1
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)
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbart:2020:0001:1
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