Debts of Cyprus Households: Lessons from the First Cyprus Survey of Consumer Finances

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Michael Haliassos; Christis Hassapis; Alex Karagrigoriou; George Kyriacou; Michalis C. Michael; George Syrichas;
(2003)

This paper describes participation of Cyprus households in various debts using data from the first (1999) Cyprus Survey of Consumer Finances. It complements our previous paper that described household participation in various types of assets (Haliassos et al., 2001). De... View more
  • References (6)

    Aizcorbe, Ana M., Arthur Kennickell, Kevin B. Moore, 2003. “Recent Changes in U.S. Family Finances: Evidence from the 1998 and 2001 Survey of Consumer Finances”, Federal Reserve Bulletin, vol. 89 (January 2003), pp. 1-32.

    Bertaut, Carol C. and Michael Haliassos, 2001. “Debt Revolvers for Self-Control”, mimeo, University of Cyprus.

    Guiso, Luigi, Michael Haliassos, and Tullio Jappelli (Editors), 2002a. Household Portfolios, Cambridge, MA: MIT Press.

    Guiso, Luigi, Michael Haliassos, and Tullio Jappelli (Editors), 2002b. Stockholding in Europe, Hampshire (UK) and New York (USA): Palgrave Macmillan.

    Haliassos, Michael, Christis Hassapis, Alex Karagrigoriou, George Kyriacou, Michalis C. Michael, George Syrichas, 2001. “Assets of Cyprus Households: Lessons from the First Cyprus Survey of Consumer Finances”, University of Cyprus Working Paper No. 02-05.

    TABLE 10: Distribution of Mortgages on Primary Residence/Secondary Property By Age Group (percent) Age Category <=29 30-39 40-49 50-59 28.6 41.7 52.2 43.1 20.2 21.9 35.4 33.0 TABLE 15: Percent of Households with Property Loans and/or Mortgages and Debt by Income Group Income Category (in Thousands of Cyprus Pounds) <5 5-10 10-15 15-20 20-25 25-30 30-35 35-40 >40

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