| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14502 |
| DP14502 Household Finance | |
| Francisco Gomes; Michael Haliassos | |
| 发表日期 | 2020-03-18 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Household financial decisions are complex, interdependent, and heterogeneous, and central to the functioning of the financial system. We present an overview of the rapidly expanding literature on household finance (with some important exceptions) and suggest directions for future research. We begin with the theory and empirics of asset market participation and asset allocation over the lifecycle. We then discuss household choices in insurance markets, trading behavior, decisions on retirement saving, and financial choices by retirees. We survey research on liabilities, including mortgage choice, refinancing, and default, and household behavior in unsecured credit markets, including credit cards and payday lending. We then connect the household to its social environment, including peer effects, cultural and hereditary factors, intra-household financial decision making, financial literacy, cognition and educational interventions. We also discuss literature on the provision and consumption of financial advice. |
| 主题 | Financial Economics |
| 关键词 | Household finance |
| URL | https://cepr.org/publications/dp14502-0 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543403 |
| 推荐引用方式 GB/T 7714 | Francisco Gomes,Michael Haliassos. DP14502 Household Finance. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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