This paper investigates the efficiency of household investment decisions in a unique dataset containing the …

Who is wealthy? This paper presents empirical estimates of household movements into and out of the top percents of the … accumulation. The opportunities to accumulate wealth create incentives for education, work effort, and entrepreneurship. We would … expect considerable wealth mobility over the life cycle if the life-cycle motives and incentives to accumulate are strong and …

of various socio-economic dynamics affecting the household. The central issue in the economic dimension is inefficiency …

the value of their housing stock. The purpose of this paper is to quantify the role of collateralized household debt in …

The household debt-to-disposable income ratio in Canada increased from 110 per cent in 1999 to 127 per cent in 2007 … DSR distributions for Canada and the U.S. The cross-country comparison suggests that, in 2004, the household sector in …

The lack of consolidated Canadian micro data on household balance sheets and expenditures has been an important … impediment to empirical research into real-financial linkages in the Canadian household sector. Our paper attempts to fill this … data gap by merging household balance sheet data from the Canadian Financial Monitor survey with household expenditure data …