Portfolio Management by Dutch Households: an Analysis on the Basis of Basis of Survey
AbstractThis report analyses the portfolio behaviour of Dutch households. The study is partly based on information from a broad survey commissioned by the Nederlandsche Bank, held in March of this year. The investigation shows that risk bearing elements are becoming more and more important in households assets. Hence, Dutch consumers have become much more sensitive to unexpected events on the stock exchange or housing market. The survey shows that the boom on the Dutch housing market was accompanied by very sizeable consumer spending - especially in the year 2000 (EUR 10 billion), followed by half this amount in 2001. This was financed by equity withdrawal (e.g. through second mortgages). Another remarkable outcome is that many workers are planning to retire before reaching the age of 65, for which they make financial arrangements. This, of course, could frustrate government policy to stimulate the low participation rate among the older part of the working force.
Download InfoIf 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.
Bibliographic InfoPaper provided by Netherlands Central Bank, Research Department in its series WO Research Memoranda (discontinued) with number 687.
Date of creation: 2002
Date of revision:
investments in shares; surplus-value owner-occupied houses; early-retirement financing;
Find related papers by JEL classification:
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- E21 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-06-16 (All new papers)
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral 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: (Rob Vet).
If references are entirely missing, you can add them using this form.