Showing 1 - 10 of 8,710
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 …
Persistent link: https://www.econbiz.de/10010350417
Persistent link: https://www.econbiz.de/10011719146
Persistent link: https://www.econbiz.de/10014466815
The special, dual nature of property as both a consumption and an investment goodmakes it salient for portfolio choice. In fact, the theoretical literature predicts a con-straint imposed by property on investment and the empirical literature has broughtevidence that this constraint, in some...
Persistent link: https://www.econbiz.de/10014087858
This paper analyses household portfolio choice post-bankruptcy using the 2019 Survey of Consumer Finances (SCF) data … set. While much work has been done on the determinants of household bankruptcy, the effect of bankruptcy on household … investment preferences has received limited attention. Although we find that household risk tolerance and stock market …
Persistent link: https://www.econbiz.de/10014237836
The dual nature of property as both a consumption and an investment good makes itdifficult for households to decide how much capital to allocate to it. In fact, the theoreticalliterature predicts a constraint imposed by property on investment and the empiricalliterature has brought evidence that...
Persistent link: https://www.econbiz.de/10014255839
Persistent link: https://www.econbiz.de/10011437594
Persistent link: https://www.econbiz.de/10012122545
Persistent link: https://www.econbiz.de/10011626668
Persistent link: https://www.econbiz.de/10010462013