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Trends in household assets and liabilities since 1978

Bun Ung, Clive Thorp

Financial data that are comprehensive and consistent over a sufficiently long time span to support analysis of longer run economic behaviour of households for monetary policy and other purposes, have been lacking until now. This article extends work at the Bank published in the early 1990s, to provide an overview of household financial assets, liabilities and housing wealth from 1978 to the present.