@article{Cherchye2023, title={Poor and wealthy hand-to-mouth households in Belgium}, author={Cherchye, Laurens and Demuynck, Thomas and De Rock, Bram and Kovaleva, Mariia and Minne, Geoffrey and Perea, Maite De Sola and Vermeulen, Frederic}, journal={Review of Economics of the Household}, year={2023}, note={Published on November 23, 2023}, abstract={We identify the population shares of poor hand-to-mouth households, wealthy hand-to-mouth households and non hand-to-mouth households in Belgium. We apply the methodology proposed by Kaplan & Violante (2014) and Kaplan et al., (2014) to the Belgian component of the Household Finance and Consumption Survey. We find that the fraction of hand-to-mouth households in Belgium is substantial and predominantly consists of wealthy hand-to-mouth households. We also compare the observable characteristics and marginal propensities to consume (MPCs) of the three household types. Belgian wealthy hand-to-mouth households have characteristics that resemble those of the non hand-to-mouth households, while their MPCs are often more similar to those of the poor hand-to-mouth households. This pleads for giving a unique place to each type of household when evaluating the effects of fiscal policy.}, url={https://doi.org/10.1007/s11150-023-09689-z}, doi={10.1007/s11150-023-09689-z} }