Poor and wealthy hand-to-mouth households in Belgium.

Autor: Cherchye, Laurens, Demuynck, Thomas, De Rock, Bram, Kovaleva, Mariia, Minne, Geoffrey, Perea, Maite De Sola, Vermeulen, Frederic
Předmět:
Zdroj: Review of Economics of the Household; Sep2024, Vol. 22 Issue 3, p909-934, 26p
Abstrakt: We identify the population shares of poor hand-to-mouth households, wealthy hand-to-mouth households and non hand-to-mouth households in Belgium. We apply the methodology proposed by Kaplan & Violante (2014) and Kaplan et al., (2014) to the Belgian component of the Household Finance and Consumption Survey. We find that the fraction of hand-to-mouth households in Belgium is substantial and predominantly consists of wealthy hand-to-mouth households. We also compare the observable characteristics and marginal propensities to consume (MPCs) of the three household types. Belgian wealthy hand-to-mouth households have characteristics that resemble those of the non hand-to-mouth households, while their MPCs are often more similar to those of the poor hand-to-mouth households. This pleads for giving a unique place to each type of household when evaluating the effects of fiscal policy. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index
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