Beaubrun-Diant, Kevin; Maury, Tristan-Pierre - Université Paris-Dauphine (Paris IX) - 2011
In this paper, we provide a new empirical analysis of the dynamic portfolio decisions of households by simultaneously … (own/rent) decisions and many contributions documented the low stock market participation rate of US households. Although … according to households attributes. Ceteris Paribus, we show that households taking positions in one asset (home or stock …