Showing 1 - 8 of 8
If household portfolios are constrained by borrowing and short-sales restrictions asset markets, then alternative … retirement savings systems may affect household welfare by relaxing these constraints. This paper uses a calibrated partial …
Persistent link: https://www.econbiz.de/10012471771
wealth and household size, and to a lesser extent with education and proxies for financial experience. The index is strongly … positively correlated with the share of risky assets held by a household …
Persistent link: https://www.econbiz.de/10012463948
participants. These patterns conceal strong household-level evidence of active rebalancing, which on average offsets about one half …
Persistent link: https://www.econbiz.de/10012464470
study of household finance is challenging because household behavior is difficult to measure accurately, and because …
Persistent link: https://www.econbiz.de/10012466506
This paper investigates the efficiency of household investment decisions in a unique dataset containing the …
Persistent link: https://www.econbiz.de/10012466639
This paper estimates the cross-sectional distribution of Epstein-Zin preference parameters in a large administrative panel of Swedish households. We consider life-cycle model of saving and portfolio choice that incorporates risky labor income, safe and risky financial assets inside and outside...
Persistent link: https://www.econbiz.de/10012533337
This paper reviews the literature on international comparative household finance. The paper presents summary statistics … on household balance sheets for 13 developed countries, and uses these statistics to discuss common features and …
Persistent link: https://www.econbiz.de/10012456608
This paper solves a dynamic model of a household's decision to default on its mortgage, taking into account labor …
Persistent link: https://www.econbiz.de/10012461141