We investigate the determinants of a household's decision on whether to invest in risky financial assets. Financial … measure income risk as the observed variation of household income over a five year period. We find that indeed higher income … risk reduces the propensity to invest in stocks. However, when controlling for household heterogeneity as well as …

Prior research on the demand for life insurance in household portfolio holdings has not made a clear distinction … examines the relationship between household portfolio allocation decisions and the demand for life insurance in a dynamic … setting, using panel data before and after the 2008 financial crisis. The study provides the first evidence that household …

This paper analyzes the distribution of household portfolios in Türkiye using a fresh data set, the Central Bank of the … Republic of Türkiye - Household Finance and Consumption Survey. The empirical analysis concentrates on the motives behind … household saving preferences and the distribution of household portfolios. Moreover, the financial situation of households in …