household income. Finland and the US are in-between. Counterfactual predictions suggest that although household characteristics …

We use household survey data from Hungary to analyse the determinants of foreign currency (FX) borrowing. We do not … find evidence that Hungarian FX borrowers are better educated, wealthier or more risk-loving than their peers. In fact, FX …

We use household survey data from Hungary to analyse the determinants of foreign currency (FX) borrowing. We do not … find evidence that Hungarian FX borrowers are better educated, wealthier or more risk-loving than their peers. In fact, FX …

overdrafts - to finance business activities. Controlling for financial and non-financial household variables we show that self …

&P and downward trending Nikkei, are compared. In conclusion, average investor's risk and return ratios improve with horizon …

This paper presents new evidence on the distribution of risk attitudes in the population, using a novel set of survey … sample of 450 subjects, and find that the measure is a good predictor of actual risk-taking behavior. We then use a more … standard lottery question to measure risk preference, and find similar results regarding heterogeneity and determinants of risk …

This paper explores the relationship between risk attitude and asset diversification in household portfolios. We first … socioeconomic characteristics, the propensity for taking investment risk is an important predictor of a household's diversification … examine the impact of manifested risk aversion on the total number of distinct assets held in a portfolio (naive …