International Comparative Household Finance

Cristian Badarinza · John Y. Campbell · Tarun Ramadorai

218 citations0/0 files storedAnnual Review of Economics

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Financial Literacy, Pension, Retirement Analysis Housing Market and Economics Housing, Finance, and Neoliberalism

Abstract

This article reviews the literature on international comparative household finance. It presents summary statistics on household balance sheets for 13 developed countries and uses these statistics to discuss common features and contrasts across countries. It then discusses retirement savings, investments in risky assets, unsecured debt, and mortgages.

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References

2014Capital in the Twenty-First Century 2000Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors 2006Does Culture Affect Economic Outcomes?2007Financial Literacy and Stock Market Participation 2010Most people are not WEIRD 2001The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior 2011Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?*2006Household Finance

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