Euro area household income and saving during the first wave of the pandemic

Artículo de revista

Detalles Bibliográficos
Autores: Río, Ana del, Cuenca, José Antonio
Tipo de recurso: artículo
Fecha de publicación:2020
País:España
Institución:Banco de España
Repositorio:Repositorio Institucional del Banco de España
OAI Identifier:oai:repositorio.bde.es:123456789/14449
Acceso en línea:https://repositorio.bde.es/handle/123456789/14449
Access Level:acceso abierto
Palabra clave:Households
Income
Consumption
Saving
Pandemic
Economy of the European Union
Economic situation
Renta, empleo y precios
Distribución de las rentas y riquezas de las personas
E21
E22
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spelling Euro area household income and saving during the first wave of the pandemicRío, Ana delCuenca, José AntonioHouseholdsIncomeConsumptionSavingPandemicEconomy of the European UnionEconomic situationRenta, empleo y preciosDistribución de las rentas y riquezas de las personasE21E22Artículo de revistaThis article assesses the immediate impact the first wave of the pandemic had on euro area household income, consumption and saving, both at the aggregate level and for the main economies in the area. Drawing on the institutional sector accounts, with information to Q2, there was a contained decline in household income, despite the worsening labour market, thanks to the speed and extensive scope of the economic policy measures approved. However, the collapse in consumption during the lockdown meant that saving rebounded in an extraordinary fashion. The outbreak of the second wave and uncertainty over the scale of the economic impact will contribute, for some time longer, to saving remaining relatively high and to the accumulated reservoir of private saving not fully materialising in the form of greater expenditure.Banco de EspañaMadrid : Banco de España, 20202020info:eu-repo/semantics/articleapplication/pdfhttps://repositorio.bde.es/handle/123456789/14449reponame:Repositorio Institucional del Banco de Españainstname:Banco de EspañaInglésEconomic Bulletin / Banco de España, 4/2020Versión en español 123456789/14450info:eu-repo/semantics/openAccessoai:repositorio.bde.es:123456789/144492025-07-20T06:38:02Z
dc.title.none.fl_str_mv Euro area household income and saving during the first wave of the pandemic
title Euro area household income and saving during the first wave of the pandemic
spellingShingle Euro area household income and saving during the first wave of the pandemic
Río, Ana del
Households
Income
Consumption
Saving
Pandemic
Economy of the European Union
Economic situation
Renta, empleo y precios
Distribución de las rentas y riquezas de las personas
E21
E22
title_short Euro area household income and saving during the first wave of the pandemic
title_full Euro area household income and saving during the first wave of the pandemic
title_fullStr Euro area household income and saving during the first wave of the pandemic
title_full_unstemmed Euro area household income and saving during the first wave of the pandemic
title_sort Euro area household income and saving during the first wave of the pandemic
dc.creator.none.fl_str_mv Río, Ana del
Cuenca, José Antonio
author Río, Ana del
author_facet Río, Ana del
Cuenca, José Antonio
author_role author
author2 Cuenca, José Antonio
author2_role author
dc.subject.none.fl_str_mv Households
Income
Consumption
Saving
Pandemic
Economy of the European Union
Economic situation
Renta, empleo y precios
Distribución de las rentas y riquezas de las personas
E21
E22
topic Households
Income
Consumption
Saving
Pandemic
Economy of the European Union
Economic situation
Renta, empleo y precios
Distribución de las rentas y riquezas de las personas
E21
E22
description Artículo de revista
publishDate 2020
dc.date.none.fl_str_mv 2020
dc.type.none.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://repositorio.bde.es/handle/123456789/14449
url https://repositorio.bde.es/handle/123456789/14449
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Economic Bulletin / Banco de España, 4/2020
Versión en español 123456789/14450
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Banco de España
Madrid : Banco de España, 2020
publisher.none.fl_str_mv Banco de España
Madrid : Banco de España, 2020
dc.source.none.fl_str_mv reponame:Repositorio Institucional del Banco de España
instname:Banco de España
instname_str Banco de España
reponame_str Repositorio Institucional del Banco de España
collection Repositorio Institucional del Banco de España
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1844166751451873280
score 15,638193