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Investment in financial literacy, social security, and portfolio choice

Jappelli, Tullio; Padula, Mario - In: Journal of pension economics and finance 14 (2015) 4, pp. 369-411

Persistent link: https://www.econbiz.de/10011419686

Jappelli, Tullio; Marino, Immacolata; Padula, Mario - In: Politica economica, journal of economic policy 30 (2014) 2/3, pp. 175-202

Persistent link: https://www.econbiz.de/10011376534

A direct test of the buffer-stock model of saving

Jappelli, Tullio; Padula, Mario; Pistaferri, Luigi - In: Journal of the European Economic Association 6 (2008) 6, pp. 1186-1210

Persistent link: https://www.econbiz.de/10003793874

Pension risk, retirement saving and insurance

Guiso, Luigi; Jappelli, Tullio; Padula, Mario - 2009

Persistent link: https://www.econbiz.de/10003867322

Investment in financial literacy, social security and portfolio choice

Jappelli, Tullio; Padula, Mario - 2013

We present an intertemporal portfolio choice model where individuals invest in financial literacy, save, allocate their wealth between a safe and a risky asset, and receive a pension when they retire. Financial literacy affects the excess return and the cost of stock market participation. Since...

Persistent link: https://www.econbiz.de/10010200795