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Title
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Poor and wealthy hand-to-mouth households in Belgium
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Author
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Abstract
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| 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. |
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Language
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English
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Source (journal)
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Review of economics of the household. - Dordrecht, 2003, currens
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Publication
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New york
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Springer
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2023
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ISSN
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1569-5239
[print]
1573-7152
[online]
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DOI
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10.1007/S11150-023-09689-Z
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Volume/pages
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(2023)
, p. 1-26
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ISI
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001104024100001
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Full text (Publisher's DOI)
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Full text (publisher's version - intranet only)
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