Financial behaviour of dutch households: analysis of the dnb household survey 2003
AbstractThis paper presents an analysis of the financial behaviour of Dutch households on the basis of the DNB Household Survey. The results of this survey provide insight into the backgrounds and consequences of the persistent rise of household debt. The increase in mortgage debt is related to mortgage equity withdrawal. The financial vulnerability of households turns out to have increased, especially the sensitivity to interest rate movements. This contribution also looks into investors' response to the creeping crash on stock markets since 2000. While the majority have largely held on to their portfolios, they have become more cautious. One of the main themes of the survey is Dutch households' attitude towards pensions. The survey reveals that in a great many cases the individual's insight into his or her pension arrangement is deficient, to say the least. Regarding every retrenchment of the current schemes for the 65-plus as an infringement on acquired rights, the majority of the Dutch public is opposed to such measures. They would rather pay a higher premium in order to be able to enjoy the present level of pension benefits.
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 744.
Length: 35 pages
Date of creation: Oct 2003
Date of revision:
financial vulnerability; surplus-value owner-occupied houses; retirement and pension arrangements;
Other versions of this item:
- P J A van Els & W A van den End & M C J van Rooij, 2005. "Financial behaviour of Dutch households: analysis of the DNB Household Survey 2003," BIS Papers chapters, in: Bank for International Settlements (ed.), Investigating the relationship between the financial and real economy, volume 22, pages 21-39 Bank for International Settlements.
- P.J.A. van Els & W.A. van den End & M.C.J. van Rooij, 2003. "Financial behaviour of Dutch households: analysis of the DNB Household Survey 2003," MEB Series (discontinued) 2003-09, Netherlands Central Bank, Monetary and Economic Policy Department.
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Nataliya Barasinska & Dorothea Schäfer, 2013.
"Is the Willingness to Take Financial Risk a Sex-Linked Trait?: Evidence from National Surveys of Household Finance,"
Discussion Papers of DIW Berlin
1278, DIW Berlin, German Institute for Economic Research.
- Barasinska, Nataliya & Schäfer, Dorothea, 2013. "Is the willingness to take financial risk a sex-linked trait? Evidence from national surveys of household finance," Discussion Papers 05/2013, Deutsche Bundesbank, Research Centre.
- Henri�tte Prast & Iman van Lelyveld, 2004.
"New Architectures in the Regulation and Supervision of Financial Markets and Institutions: The Netherlands,"
DNB Working Papers
021, Netherlands Central Bank, Research Department.
- Prast, H.M. & Lelyveld, I. van, 2004. "New architectures in the regulation and supervision of financial markets and institutions: The Netherlands," Open Access publications from Tilburg University urn:nbn:nl:ui:12-4296154, Tilburg University.
- James B. Davies & Susanna Sandstrom & Anthony Shorrocks & Edward N. Wolff, 2009.
"The Level and Distribution of Global Household Wealth,"
University of Western Ontario, Economic Policy Research Institute Working Papers
20091, University of Western Ontario, Economic Policy Research Institute.
- James B. Davies & Susanna Sandström & Anthony Shorrocks & Edward N. Wolff, 2011. "The Level and Distribution of Global Household Wealth," Economic Journal, Royal Economic Society, vol. 121(551), pages 223-254, March.
- James B. Davies & Susanna Sandström & Anthony B. Shorrocks & Edward N. Wolff, 2009. "The Level and Distribution of Global Household Wealth," NBER Working Papers 15508, National Bureau of Economic Research, Inc.
- Lennard van Gelder & Ad Stokman, 2006. "Regime transplants in GDP growth forecasting: A recipe for better predictions?," DNB Working Papers 106, Netherlands Central Bank, Research Department.
- Ard den Reijer, 2006. "The Dutch business cycle: which indicators should we monitor?," DNB Working Papers 100, Netherlands Central Bank, Research Department.
- Guy Debelle, 2004. "Macroeconomic implications of rising household debt," BIS Working Papers 153, Bank for International Settlements.
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.