We estimate the effect of pension reforms on households' expectations of retirement outcomes and private wealth …

household stock trading behavior. Household trading is important for the stock market, as households own more than 40% of the … and the experience of the stock market downswing have significantly altered the overall propensity of households to trade …

though this motive does not give rise to large amounts of wealth, particularly for young and middle-age households, it is … particularly important for two groups: older households and business owners. Overall, we provide strong evidence that we need to …

increases initiated by banks lead households to restore previous utilization rates. High-interest credit card debt co … rising trend in bankruptcy and delinquency, partly attributable to an increased tendency of households to declare bankruptcy … observed co-existence of credit card debt with low-interest liquid assets. A framework of 'accountant-shopper' households, in …