Showing 1 - 10 of 87
Persistent link: https://www.econbiz.de/10014328193
diversification, and trading behavior. Standard finance theory predicts the optimal investment behavior of rational agents with …
Persistent link: https://www.econbiz.de/10013053275
We use cross-country microdata and counterfactual methods to document international differences in ownership and holdings of stocks, private businesses, homes, and mortgages among older households in thirteen countries. We decompose these differences into two parts, related to population...
Persistent link: https://www.econbiz.de/10011009970
Savings accounts are owned by most households, but little is known about the performance of households’ investments. We create a unique dataset by matching information on individual savings accounts from the DNB Household Survey with market data on account-specific interest rates and...
Persistent link: https://www.econbiz.de/10011258071
We document and study international differences in both ownership and holdings of stocks, private businesses, homes, and mortgages among households aged fifty or more in thirteen countries, using new and comparable survey data. We employ counterfactual techniques to decompose observed...
Persistent link: https://www.econbiz.de/10008642873
We investigate US households’ direct investment in stocks, bonds and liquid accounts and their foreign counterparts, in … order to identify the different participation hurdles affecting asset investment domestically and overseas. To this end, we … associated with investment in foreign bonds and liquid accounts. …
Persistent link: https://www.econbiz.de/10010662600
Debt-induced crises, including the subprime crisis, are usually attributed exclusively to supply-side factors. We examine the role of social influences on debt culture, emanating from perceived average income of peers. Utilizing unique information from a household survey, representative of the...
Persistent link: https://www.econbiz.de/10011084156
include stocks in them strongly depends on owner characteristics, unlike with mutual fund owners and investment in stock funds …
Persistent link: https://www.econbiz.de/10008784753
include7 stocks in them strongly depends on owner characteristics, unlike with mutual fund owners and investment in stock …
Persistent link: https://www.econbiz.de/10008788467
Using data from the US Health and Retirement Study, we study the causal effect of increased health insurance coverage through Medicare and the associated reduction in health-related background risk on financial risk-taking. Given the onset of Medicare at age 65, we identify our effect of...
Persistent link: https://www.econbiz.de/10010961435