The distribution of debt across euro area countries : The role of individual characteristics, institutions and credit conditions. National Bank of Belgium Working Paper No. 252, December 2013

The aim of this paper is twofold. First, we present an up-to-date assessment of the differences across euro area countries in the distributions of various measures of debt conditional on household characteristics. We consider three different outcomes: the probability of holding debt, the amount of debt held and, in the case of secured debt, the interest rate paid on the main mortgage. Second, we examine the role of legal and economic institutions in accounting for these differences. We use data from the first wave of a new survey of household finances, the Household Finance and Consumption Survey, to achieve these aims. We find that the patterns of secured and unsecured debt outcomes vary markedly across countries. Among all the institutions considered, the length of asset repossession periods best accounts for the features of the distribution of secured debt. In countries with longer repossession periods, the fraction of people who borrow is smaller, the youngest group of households borrow lower amounts (conditional on borrowing), and the mortgage interest rates paid by low-income households are higher. Regulatory loan-to-value ratios, the taxation of mortgages and the prevalence of interest-only or fixed-rate mortgages deliver less robust results.

DIGDIS: Stata module to analyze the distribution of digits

digdis tabulates the distribution of digits of the specified variables, performs goodness-of-fit tests against a reference distribution and, optionally, graphs the distributions. The default is to tabulate the first (nonzero) digit and to test against Benford's law. The moremata package and the mgof package, also available from SSC, are required.

The distribution of macrobenthos in surface sediments at Fladen Ground stations, North Sea

A general study of structure, biomass estimates and dynamics on the macrofauna was carried out in August 1975 and March 1976 during PREFLEX (1975) and FLEX (1976), the Fladen Ground Experiment. On the basis of these data an attempt was made to estimate macrobenthic production expressed as minimum production (MP). The macrobenthic production is discussed together with meiobenthic annual production and with indirectly estimated microbenthic production in relation to an energy input from the water column of about 25 g C m**-2 year**-1. From the production estimates of the three benthic components a rough energy budget is proposed. Sampling was performed at five stations for endofauna twice during the time of investigation and for epifauna once. At each station two replicate box core samples (30 X 20 cm) were taken for endofauna. Epifauna was sampled with an Agassiz trawl once at each station. The total numbers of endofauna increased from station 1 to 5. This was valid as well for August 1975 (4,233-12,166 individuals per m**2 and 10 cm sediment depth) as for March 1976 (1,008-2,925 individuals). The polychaetes were the dominant organisms with a share of 33 to 62 %. The densities for the endofauna decreased from August 1975 to March 1976 by a mean factor of 2.8. Abundances of epifauna amounted to values between 11 and 102 individuals per 1000 m**2. The biomass dry weights (DWT) for macrobenthic endofauna varied between 0.97 g DWT m**-2 and 6.42 g DWT m**-2 in August 1975 and between 0.27 g DWT m**-2 and 2.64 g DWT m**-2 in March 1976. The mean amounted to 1.74 g DWT m**-2. Dry weights of epifauna biomass gave values between 4.9 and 83.1 g DWT * 1000 m**-2. The minimum production for the total macro-endofauna at Fladen Ground amounted to 1.43 g DWT m**-2 yr**-1 or 0.82 g C m**-2 yr**-1. This resulted in a minimum turnover rate (P/B) of 0.8. The share produced by the polychaetes amounted to 1.06g DWT m**-2 yr**-1 or 74 %.

The distribution of coliform bacteria in the waters surrounding the Orange County Sewer outfall /

Mode of access: Internet.

The philosophy of wealth /

Mode of access: Internet.

Quality stabilization act. : Report to accompany H.R. 3669, a bill to amend the Federal Trade Commission act, to promote quality and price stabilization, to define and restrain certain unfair methods of distribution and to confirm, define and equalize the rights of producers and resellers in the distribution of goods identified by distinguishing brands, names, or trademarks, and for other purposes.

Mode of access: Internet.

The distribution of beaver in Vermont.

Progress report Pittman-Robertson Project Vermont 1-R, Wildlife Survey .

The distribution of oxygen in the waters of New York Bight, Block Island Sound, and Newport Bight : Cruise STIRNI I, July-September, 1951 /

Caption title.