Household Finance and Consumption Network (HFCN)
The Household Finance and Consumption Network (HFCN) is composed of experts specializing in surveys, statistics, and economics from the European Central Bank (ECB), the national central banks of the Eurosystem, and several national statistical institutes. Their primary mission is to gather crucial data on household finances and consumption patterns through the Eurosystem’s Household Finance and Consumption Survey (HFCS).
Accessing the Data
The datasets from the HFCS are readily available for scholarly use by researchers. For more information about accessing this data, you can explore the provided resources.
About the Network
The HFCN has been assigned by the Governing Council of the ECB with several key responsibilities: first, to implement the HFCS effectively; second, to serve as a collaborative platform for research utilizing survey data; and third, to continually enhance the HFCS methodology and scope.
Conferences Organized by HFCN
The HFCN regularly hosts various conferences to discuss findings and developments in the field of household finance and consumption, including:
- Joint ECB and Banca d’Italia Conference on Household Finance and Consumption, 2021
- Joint ECB and Central Bank of Ireland Conference on Household Finance and Consumption, 2019
- Joint ECB and Banque de France Conference on Household Finance and Consumption, 2017
- ECB Conference on Household Finance and Consumption, 2015
- ECB Conference on Household Finance and Consumption, 2013
- Joint conference by the Banque centrale du Luxembourg and the European Central Bank, 2010
- ECB-CFS Conference on Household Finances and Consumption, 2008
Understanding the Purpose of ECB Research
The ECB is dedicated to conducting thorough research in order to analyze and understand various economic dynamics. This commitment to research reinforces its role as a pivotal institution in shaping monetary policy and ensuring financial stability.
Learn More about Related Topics
For those interested in delving deeper into the Household Finance and Consumption Survey (HFCS), additional resources and research publications can be found on the ECB’s website.