We investigate the role of financial advice in shaping the composition of household portfolios in Great Britain. Advice …

This study examines the differences in household financial risk tolerance across the Eurozone countries and over time …. Using the HFCS data, household subjective financial risk tolerance, stock ownership, and mutual fund ownership are all found … to be increasing with household income, wealth, education, and home-ownership. Younger households are found to be more …

European households. We show that an increase in youth labor supply causes a rise in household savings. In response to an … increase in corporate equity, household savings experience a sustained decline, while a fall in interest rate translates into a … decline in savings. Using cross-sectional data from Europe between 1960 and 2020 to estimate the optimal saving function, we …

Household investment mistakes are an important concern for researchers and policymakers alike; portfolio …

unique panel dataset of household's credit and debit card spending, ATM withdrawals, financial investments into risky assets …. These results highlight how the heterogeneity in contract design and household wealth affects the monetary policy pass-through …

We show how to use panel data on household consumption to directly estimate households’ risk preferences. Specifically … preferences are unrelated to wealth or other characteristics. The heterogeneity matters for policy: Although the average household … worse off by several percent of household consumption. …

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 …

household level data for 2007 and 2009 in the United States - the Survey of Consumer Finances. We find that asset diversity …