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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 …
Persistent link: https://www.econbiz.de/10012919686
This paper estimates a household saving rate equation for India and Korea using long-term time series data for the 1975 …-2010 period, focusing in particular on the impact of the pre-marital sex ratio on the household saving rate. To summarize the main … impact on the household saving rate in both India and Korea, even after controlling for the usual suspects such as the aged …
Persistent link: https://www.econbiz.de/10011497711
behavior are found across cultural groups, controlling for household characteristics. Financial behavior tends to converge with …
Persistent link: https://www.econbiz.de/10010372577
behavior are found across cultural groups, controlling for household characteristics. Financial behavior tends to converge with …
Persistent link: https://www.econbiz.de/10010403682
The Eurozone fiscal crisis has created pressure for institutional harmonization, but skeptics argue that cultural predispositions can prevent convergence in behavior. Our paper derives a robust cultural classification of European countries and utilizes unique data on natives and immigrants....
Persistent link: https://www.econbiz.de/10012061562
the interrelationship between public pension schemes and household savings based on Pearson's correlation coefficients. In … European Union (EU). It focuses on the relationship between the quality of domestic public pension schemes and household … savings for old age in the EU member and candidate countries. The study was conducted in two stages. The first stage examined …
Persistent link: https://www.econbiz.de/10014529552
stringent conditions hold. This paper shows that when the two-earner household's saving decision is formulated more generally …
Persistent link: https://www.econbiz.de/10013099761
We set up and solve a rich life-cycle model of household decisions involving consumption of both perishable goods and …
Persistent link: https://www.econbiz.de/10010482078
register data. Results suggest that children does not affect household consumption in the same magnitude previously assumed …
Persistent link: https://www.econbiz.de/10013045082
This paper presents the impact of decreasing MFI interest rates on household deposits and saving goals in 12 Monetary … Union member countries in the years 2009-2015. It analyses tendencies in household deposits (overnight, with agreed maturity … and redeemable at notice), and attempts to link them with certain household saving motives (target, retirement and …
Persistent link: https://www.econbiz.de/10011539824