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We investigate the relationship between social interaction and household finances using data from the British Household … household finances and social interaction, rather than focusing one particular facet of household finances, such as the holding … the household balance sheet, i.e. liabilities and assets. Additionally, we allow the influence of social interaction on …
Persistent link: https://www.econbiz.de/10010380024
This paper explores the importance of the household's financial position for an individual's level of well … household's monetary financial position on overall life satisfaction and financial well-being, with the latter being measured by … indicate that the household's level of net wealth, assets and debt are important determinants of overall life satisfaction and …
Persistent link: https://www.econbiz.de/10010413777
We investigate the role of financial advice in shaping the composition of household portfolios in Great Britain. Advice …
Persistent link: https://www.econbiz.de/10012517212
category. Background risk exerts a significant impact on household portfolios, resulting in a 'flight from risk', away from …
Persistent link: https://www.econbiz.de/10011594575
Using British panel data, we explore the finding that households often expect theirÂ…financial position to remain unchanged compared to other alternatives, using a generalised middle inflated ordered probit (GMIOP) model. In doing so we account for the tendency of individuals to choose...
Persistent link: https://www.econbiz.de/10012180406