Households' Macroeconomic Conditions Index
The Households' Macroeconomic Conditions Index was developed for the CNB WP "Too Much of a Good Thing? Households’ Macroeconomic Conditions and Credit Dynamics". It summarizes the information contained in various economic aggregates, households’ disposable income, labor market indicators, asset prices, interest rates, and external environment indicators. These variables form a comprehensive set of indicators reflecting the overall macroeconomic conditions faced by households. The index database provide four version of the index for 22 OECD countries with quaterly frequency from 2002 to 2018.