for clients in terms of time, effort or resources, as we show in the paper. We exploit confidential information on whether … household financial assets. Our results suggest that banks information policies have the potential to be an effective tool to … increase individuals' financial literacy and that the relationship between financial literacy and wealth is largely …

with respect to wealth holdings and financial decisions. Immigrant household heads hold less net wealth than native, but … only above the median of the wealth distribution, with housing as the main driver. Immigrant status reduces the likelihood … worsened the condition of immigrants in terms of wealth holdings, home ownership, and financial fragility. …

for clients in terms of time, effort or resources, as we show in the paper. We exploit confidential information on whether … household financial assets. Our results suggest that banks information policies have the potential to be an effective tool to … increase individuals' financial literacy and that the relationship between financial literacy and wealth is largely …

attainment independently predict household wealth in the Health and Retirement Study (HRS). This relationship is partly explained … gradient in wealth.We show that individuals with lower genetic scores are more prone to reporting "extreme beliefs" (e … wealth disparities not only through education and higher earnings, but also through their impact on the ability to process …

in risky sectors. Exploiting the longitudinal dimension of the British Household Panel Survey to control for …

This paper examines two behavioral factors that diminish people's ability to value a life-time income stream or annuity …

, observed in the Household Finance and Consumption Survey (HFCS) for these countries. We then show that the heterogeneity in … household finances implies that responses of consumption to changes in the real interest rate and in house prices differ … substantially across countries, and within countries by household characteristics such as age, housing tenure, and asset positions …