By Carlotta Balestra, Policy Analyst, OECD Statistics Directorate Looking at poverty and vulnerability through an assets lens Households’ economic well-being is usually measured by income. But what if there is an interruption in the flow of income? Or an unexpected expense? Such events highlight the importance of wealth accumulation to sustain people’s economic well-being. New … More Statistical Insights: New evidence shows that almost 40% of people are economically vulnerable in the OECD
by Isabelle Ynesta, Financial Statistics Statistician and Matthew De Queljoe, Statistician, OECD Statistics Directorate Household debt levels increased rapidly in many economies in the run-up to the 2007-2008 financial crisis, fuelled in part by easy credit and rising property prices. Ratios of debt to annual income – used by lenders to determine households’ repayment capacity … More Statistical Insights: What does household debt say about financial resilience?