on wealth and lifetime earnings we evaluate measures of retirement preparedness. We estimate heterogeneous discount … have access only to a risk‐free asset compared to when we account for the fact that much of their wealth is stored in …

subdued as household income increases, since at that point real estate wealth becomes dominant. Finally, we discover that …This paper analyzes the distribution of household portfolios in Türkiye using a fresh data set, the Central Bank of the … Republic of Türkiye - Household Finance and Consumption Survey. The empirical analysis concentrates on the motives behind …

years of entry. Such behavior is more prominent for people of low income, wealth, and educational attainment, and those of …, conditional risky shares, and financial wealth-toincome ratios by over half, whilst also generating quick exits and a downward …

This paper quantifies mechanisms through which heterogeneity in household finances affects the transmission of monetary … illiquid housing wealth. …

This paper examines the association between stock market return expectations and financial wealth holdings of older … of positive stock market return were positively associated with greater financial wealth holdings among households. Our … financial wealth holdings of households. African Americans, Hispanics, and other races were negatively associated with the …

This study proposes a wavelets approach to estimating time-frequency-varying betas in the capital asset pricing model … (CAPM) framework. The dynamic of systematic risk across time and frequency is analyzed to investigate stock risk … characteristics. We use a daily panel of French stocks from 2012 to 2022. Results show that varying systematic risk varies in time and …

This paper presents a novel estimate of the Indian household balance sheet (HBS) starting from 1970/71 to 2017/18 and … studies the evolution of Indian household finance in an international context. Comparative analysis suggests that the Global … Wealth Databook (an annual publication of Credit Suisse Research Institute), has been significantly underestimating both the …

variables such as monthly gross income, personal financial assets (PFA), and net wealth. We examine how these buffers change in … emergency buffer, there is a common trend of higher monthly income, PFA, and net wealth. We find that PFA has the strongest …

. Using the 2017 China Household Finance Survey, we find that rural residents have low FL and answer only 33% of basic and 20 …