household financial assets. Our results suggest that banks information policies have the potential to be an effective tool to …

We show that household heads with a strong internal economic locus of control are more likely to hold equity and hold a …

category. Background risk exerts a significant impact on household portfolios, resulting in a 'flight from risk', away from …

attainment independently predict household wealth in the Health and Retirement Study (HRS). This relationship is partly explained …

with respect to wealth holdings and financial decisions. Immigrant household heads hold less net wealth than native, but …

, 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 …