Advanced Search
MyIDEAS: Login to save this paper or follow this series

Assets and Debts of Cyprus Households: Changes between the 1999 and 2002 Cyprus Surveys of Consumer Finances

Contents:

Author Info

  • Georgia Antoniou
  • Christiana Argyridou

    ()
    (Economic Research Department, Central Bank of Cyprus)

  • Michael Haliassos

    ()
    (Goethe University, Frankfurt)

  • Alex Karagrigoriou

    ()
    (University of Cyprus)

  • George Kyriacou

    ()
    (Economic Research Department, Central Bank of Cyprus)

  • Michalis C. Michael
  • Maria Papagheorgiou

    ()
    (Economic Research Department, Central Bank of Cyprus)

  • George Syrichas

    ()
    (Economic Research Department, Central Bank of Cyprus)

Abstract

This paper describes participation of Cyprus households in various assets and debts using data from the first (1999) and second (2002) Cyprus Surveys of Consumer Finances. It complements our previous papers that separately described household participation in various types of assets (Haliassos et al., 2001) and of debts (Haliassos et al., 2003). We consider a wide range of assets, both financial and real, risky and relatively riskless. Debts considered encompass personal unsecured loans, including credit card debt, and loans secured by housing collateral, mainly mortgage debt. Findings are of considerable policy interest, as they show how various demographic groups changed their participation and exposure to various assets and loans between 1999, when the unparalleled stock market boom took place and 2002, following the burst of the stock market bubble.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.centralbank.gov.cy/media/pdf/MPRPE_ASSETSDEBTSHOUSEHOLDS.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Central Bank of Cyprus in its series Working Papers with number 0412.

as in new window
Length: 45 pages
Date of creation: Dec 2004
Date of revision:
Handle: RePEc:cyb:wpaper:2004-0412

Note: This paper was published as University of Cyprus Working Paper, 2004-12.
Contact details of provider:
Web page: http://www.centralbank.gov.cy/nqcontent.cfm?a_id=1
More information through EDIRC

Related research

Keywords:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Michael Haliassos & Christis Hassapis & Alex Karagrigoriou & George Kyriacou & Michalis C. Michael & George Syrichas, 2003. "Debts of Cyprus Households: Lessons from the First Cyprus Survey of Consumer Finances," Working Papers 0305, Central Bank of Cyprus.
  2. Michael Haliassos & Christis Hassapis & Alex Karagrigoriou & George Kyriacou & George Syrichas & Michalis C. Michael, 2001. "Assets of Cyprus Households: Lessons from the first Cyprus Survey of Consumer Finances," University of Cyprus Working Papers in Economics 0205, University of Cyprus Department of Economics.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Michael Haliassos & Pany Karamanou & Constantinos Ktoris & George Syrichas, 2008. "Mortgage Debt, Social Customs,and Financial Innovation," Working Papers 2008-2, Central Bank of Cyprus.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:cyb:wpaper:2004-0412. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maria Nicolaidou).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.