We use cross-country microdata to analyse the risk taking of households in Europe and the US. Concerning the extensive … inside Europe we document substantial differences. Furthermore, average risk aversion is strongly correlated with the share … explainable by household characteristics as well as differences in risk aversion and a remainder. We employ the unexplained part …

We use cross-country microdata to analyse the risk taking of households in Europe and the US. Concerning the extensive … inside Europe we document substantial differences. Furthermore, average risk aversion is strongly correlated with the share … explainable by household characteristics as well as differences in risk aversion and a remainder. We employ the unexplained part …

This study examines the differences in household financial risk tolerance across the Eurozone countries and over time …. Using the HFCS data, household subjective financial risk tolerance, stock ownership, and mutual fund ownership are all found … to be increasing with household income, wealth, education, and home-ownership. Younger households are found to be more …

European households. We show that an increase in youth labor supply causes a rise in household savings. In response to an … increase in corporate equity, household savings experience a sustained decline, while a fall in interest rate translates into a … decline in savings. Using cross-sectional data from Europe between 1960 and 2020 to estimate the optimal saving function, we …

socioeconomic characteristics, housing traits, country-specific constant terms, and household unobserved heterogeneity. We attribute … access to liquidity. Household's reported distress is also affected by excess indebtedness relative to the debt load of …

-adjusted income levels, various socioeconomic characteristics, housing traits, country-specific constant terms, and household …

socioeconomic characteristics, housing traits, country-specific constant terms, and household unobserved heterogeneity. We attribute … access to liquidity. Household's reported distress is also affected by excess indebtedness relative to the debt load of …