This paper examines demographic and socioeconomic characteristics as predictors of emergency fund adequacy in Australian households. The results indicate that the presence of children, the number of dependents and income-earning units, the age and ethnicity of the household head, income...

Life events may alter the circumstances and life trajectory, depending on their magnitude, duration and whether or not it was foreseen. The responses to these life events are likely to be influenced by personal appraisal of the event, coping skills, access to effective support networks,...

This paper examines the impact of demographic, socioeconomic and risk aversion factors on diversification in Australian household asset portfolios using Wave 6 of the HILDA Survey. Household assets are categorised as home and other property, superannuation, equity and cash investment, business...

This paper uses household-level longitudinal data from the Household, Income, and Labour Dynamics in Australia (HILDA) survey to gain insights into the asset portfolio rebalancing responses of households experiencing a severe financial shock. The four major life events we consider are serious...

We use household-level longitudinal data to gain insights into the asset portfolio rebalancing responses of households experiencing a severe financial shock. The four major life events we consider are serious illness or injury, death of a spouse, being fired or made redundant, and separation...

This paper examines the relationships between a range of alternative proxies commonly used to represent financial risk-taking, including self-reported risk-taking attitude and direct stock and business ownership, and a set of personal attributes, including age, education, sex, household...