The financial fragility of European households in the time of COVID-19. 02/07/2020
Demertzis, Maria ; Domínguez-Jiménez, Marta ; Lusardi, Annamaria
Bruegel - Brussels
2020
16 p.
epidemic disease ; economic recession ; household income ; welfare state ; social assistance
Policy Contribution
15
Income distribution
English
Bibliogr.
"The concept of household financial fragility emerged in the United States after the 2007-2008 financial crisis. It grew out of the need to understand whether households' lack of capacity to face shocks could itself become a source of financial instability."
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