Impact of Financial Crisis on European Households

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F47813059%3A19520%2F12%3A%230001723" target="_blank" >RIV/47813059:19520/12:#0001723 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Impact of Financial Crisis on European Households
Original language description
The main aim of this article is to describe impact of the recent financial crisis on the average European family, namely on the main indicators that have impact on household income and its well-being - unemployment rate, and wage dynamic. The dynamics ofmain indicators should influence household response - revealed in household expenditures, indebtness and savings dynamics. The analysis of main economic indicators is based on the quarterly and annual data for the period of 2000-2010. Moreover, anothergoal is to reveal possible long-term relationship and short-term co-integration of unemployment rate and the household consumption as the main indicator of household possible reaction to expected or observed level of family income. Results indicate thatthe household responses to financial crisis vary from country to country.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
PROCEEDINGS OF THE 13TH INTERNATIONAL CONFERENCE ON FINANCE AND BANKING
ISBN
978-80-7248-753-0
ISSN
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e-ISSN
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Number of pages
10
Pages from-to
248-257
Publisher name
Slezská univerzita v Opavě, Obchodně podnikatelská fakulta v Karviné
Place of publication
Karviná
Event location
Ostrava
Event date
Jan 1, 2011
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000309369700025

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