Distribution of household assets in Croatia

Authors

Keywords:

survey data, Household Finance and Consumption Survey (HFCS), net household assets, household inequality, intergenerational transfers, Croatia

Abstract

This paper analyses the main components and distribution of household net assets in Croatia on the basis of the data from the Household Finance and Consumption Survey (HFCS) by taking into account different socio-demographic characteris¬tics of households. The main results indicate that real assets are widely distributed among households, whereby 85% of households own the household main resi¬dence. Financial assets and liabilities account for larger share among wealthier households. The analysis of the main determinants establishing the position of an individual household in distribution of assets has additionally highlighted the importance of the household main residence (HMR). Households with inherited HMR are less likely to be positioned in the lowest net asset quintile. In addition, households with HMR in the city of Zagreb or on the Adriatic Coast are more likely to be in higher asset quintile groups.

Downloads

Published

2020-09-01

How to Cite

Kunovac, M. (2020). Distribution of household assets in Croatia. Public Sector Economics - Submission Site, 44(3), 266–297. Retrieved from https://hrcak.srce.hr/ojs/index.php/pse/article/view/12155

Issue

Vol. 44 No. 3 (2020)

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

If accepted for publication, the authors will be asked to sign a Licence to Publish. Authors retain the copyright on the papers published in PSE  but grant the right of publication to the journal.
 
Authors must obtain the right to use copyright material (e.g. maps, drawings, literary quotes, lyrics) from its owner before publishing the paper in PSE.
 
PSE  is an Open Access Journal licensed under the Creative Commons Attribution-Non/Commercial 4.0 International License, which permits non-commercial use and redistribution, as long as the licensed work is passed along unchanged and in whole, with credit to PSE  as its original publisher.
 
The authors can make the results of their accepted papers available before they are published in PSE on preprint platforms, blogs, and other informal communication channels by providing a link to the PSE  website and noting that the manuscript will be published in PSE.
 
For complete information on copyright, please see Ethical guidelines for publication in PSE