On the savings and borrowing behaviour of households:

The dependence of the Dutch economy to export have been looked at as a threat to the national economy. During the crisis of 2009, they found out that the high sensitivity of Dutch households to economic shocks, the opinion about the importance of savings and the threats of over indebtedness of households were underestimated. In this paper I will give a clear overview of these inside threats to the economy represented in a case study, instead of discussing only one of the several phenomena. I concluded that the savings behaviour of individuals is rational, but fiscally facilitated programmes and the pension system have to be adjusted to have more effect. The borrowing behaviour is suffering from restrictions that has come up due to the crisis. This results in suboptimal consumption which may cause a lower consumption pattern in the future. The mortgage market needs to reform drastically, since it causes too many problems for both government and households.