We investigate the determinants of a household's decision on whether to invest in risky financial assets. Financial … theory suggests that with increasing labor income risk, the reluctance of households to hold stocks increases. We propose to … measure income risk as the observed variation of household income over a five year period. We find that indeed higher income …

We investigate the relationship between social interaction and household finances using data from the British Household … household finances and social interaction, rather than focusing one particular facet of household finances, such as the holding … the household balance sheet, i.e. liabilities and assets. Additionally, we allow the influence of social interaction on …

hold diversified portfolios of financial assets. The analysis is based on household survey data from the German …

I exploit a natural experiment to show that household investment decisions depend on the manner in which information is …

Using micro household survey data from China, this study finds that women are less likely to participate in the stock … market than men. This gender pattern in market participation rates holds when we control for household features … study’s findings suggest the crucial role of gender and gender-related cultural norms in shaping household financial …

household contract choice: the attributes of the bank that makes the loan should play no role. If households rely on banks …-specific supply characteristics will play a role in the household's choice above any role they play through relative prices. Testing …