Showing 1 - 10 of 1,910
Persistent link: https://www.econbiz.de/10003896726
This paper builds on the existing literature about the distribution of financial resources within the household between … couple members. Using data from the British Household Panel Study (BHPS) we examine the ownership of, and amounts held in … savings, investments and debts by couple members, and how these vary by individual and household characteristics. A particular …
Persistent link: https://www.econbiz.de/10008758928
I show that an expansion of student loan supply affects parents' saving decisions and portfolio allocation. By exploiting policy-induced variation on expected student aid, I find a 2.2 pp increase in the parental saving rate, from 4.9% to 6.1%. The mechanism that drives this result is the...
Persistent link: https://www.econbiz.de/10012846808
; Portfolio Choice ; Health Conditions ; Risk Hedging ; Household Behavior ; Labor Supply …
Persistent link: https://www.econbiz.de/10003923822
This paper presents empirical evidence from the Netherlands indicating that the current policy based on information is unlikely to help people make the pension choices required in a system in which employees are the ultimate bearers of asset market risk. This holds even if information is made...
Persistent link: https://www.econbiz.de/10013096736
This paper presents empirical evidence from the Netherlands indicating that the current policy based on information is unlikely to help people make the pension choices required in a system in which employees are the ultimate bearers of asset market risk. This holds even if information is made...
Persistent link: https://www.econbiz.de/10013088721
This study examines whether financial literacy affects stock market participation. We use data from the Preference Parameter Study, a nationwide survey in Japan, made by Osaka University. Our results show that financial literacy significantly improves stock market participation even after...
Persistent link: https://www.econbiz.de/10012945251
and the following one. Household (rational) expectations for period 1 are given by the model solution. For subsequent … periods, household expectations are formed by extrapolating from and 1 solution values, assuming a constant rate of change … original one and a modified one with a high initial household savings rate. The results are compared with those of a static …
Persistent link: https://www.econbiz.de/10013050223
Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...
Persistent link: https://www.econbiz.de/10013271201
wives may have more incentive to save for old age than do husbands. A theoretical model of the determination of household … distribution of income within the household …
Persistent link: https://www.econbiz.de/10014148674