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Eurosystem Household Finance and Consumption Survey 2017 for Austria

Author

Listed:
  • Pirmin Fessler

    (Oesterreichische Nationalbank, Economic Analysis Division)

  • Peter Lindner

    (Economic Analysis Division)

  • Martin Schürz

    (Oesterreichische Nationalbank, Economic Analysis Division)

Abstract

This report presents results from the third wave of the Eurosystem Household Finance and Consumption Survey (HFCS) for Austria. The report focuses on the wealth components of the household balance sheet but we also discuss the main findings of the survey in terms of balance sheet robustness. We analyze the pattern of findings that are in line with international results as well as peculiar but stable findings which specifically apply to Austrian households. As the joint distribution of income, consumption and wealth is of particular interest for many international institutions we match the HFCS data with European Union Statistics of Income and Living Conditions (EU-SILC) and with Household Budget Survey (HBS) data.

Suggested Citation

  • Pirmin Fessler & Peter Lindner & Martin Schürz, 2019. "Eurosystem Household Finance and Consumption Survey 2017 for Austria," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 18/Q4, pages 36-66.
    • Handle: RePEc:onb:oenbmp:y:2019:i:18/q4:b:2
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    References listed on IDEAS

    as
    1. Davies, James B. & Shorrocks, Anthony F., 2000. "The distribution of wealth," Handbook of Income Distribution, in: A.B. Atkinson & F. Bourguignon (ed.), Handbook of Income Distribution, edition 1, volume 1, chapter 11, pages 605-675, Elsevier.
    2. Andreasch Michael & Lindner Peter, 2016. "Micro- and Macrodata: a Comparison of the Household Finance and Consumption Survey with Financial Accounts in Austria," Journal of Official Statistics, Sciendo, vol. 32(1), pages 1-28, March.
    3. Pirmin Fessler & Martin Schürz, 2018. "Private Wealth Across European Countries: The Role of Income, Inheritance and the Welfare State," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 19(4), pages 521-549, October.
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    More about this item

    Keywords

    private wealth; distribution; household; survey; HFCS;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • D3 - Microeconomics - - Distribution

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