Now showing items 41-60 of 143

    • Does sophistication affect long-term return expectations? Evidence from financial advisers' exam scores 

      Kaustia, Markku; Lehtoranta, Antti; Puttonen, Vesa (2013-01-22)
      We use unique data fromfinancial advisers’ professional exam scores and combine it with other variables to create an index of financial sophistication. Using this index to explain long-term stock return expectations, we ...
    • Endogenous Grids in Higher Dimensions: Delaunay Interpolation and Hybrid Methods 

      Ludwig, Alexander; Schön, Matthias (2016-04-18)
      This paper investigates extensions of the method of endogenous gridpoints (ENDGM) introduced by Carroll (2006) to higher dimensions with more than one continuous endogenous state variable. We compare three different ...
    • Eurostat 

      Unknown author
      "Eurostat is the statistical office of the European Union situated in Luxembourg. Its mission is to provide high quality statistics for Europe. While fulfilling its mission, Eurostat promotes the following values: respect ...
    • Explaining Intra-Monthly Consumption Patterns: The Timing of Income or the Timing of Consumption Commitments? 

      Vellekoop, Nathanael (2018-11-01)
      A number of recent studies have concluded that consumer spending patterns over the month are closely linked to the timing of income receipt. This correlation is interpreted as evidence of hyperbolic discounting. I re-examine ...
    • Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations 

      Hanspal, Tobin; Weber, Annika; Wohlfart, Johannes (2020-05-21)
      We survey a representative sample of US households to study how exposure to the COVID-19 stock market crash affects expectations and planned behavior. Wealth shocks are associated with upward adjustments of expectations ...
    • FASD 

      Unknown author
      The Finnish Association of Securities Dealers, FASD, is the co-operation and self-regulatory organization of the Finnish investment services industry.[
    • FCSD 

      Unknown author
      Finnish Central Securities Depository (FCSD)
    • FiFo 

      Unknown author
      Administrative data: The data comprises the administrative bank records of more than 100.000 clients of a major German private bank from 2010 to 2019. The data comprises the clients’ full history of holdings and transactions ...
    • Financial Education for the Disadvantaged? A Review 

      Entorf, Horst; Hou, Jia (2018-04-20)
      In contrast to the popularity of financial education interventions worldwide, studies on the economic effects of those interventions report mixed results. With a focus on the effect on disadvantaged groups, we review both ...
    • Financial education, literacy and investment attitudes 

      Brugiavini, Agar; Cavapozzi, Danilo; Padula, Mario; Pettinicchi, Yuri (2015-05-01)
      Based on a sample of university students, we provide field and laboratory evidence that a small scale training intervention has both a statistically and economically significant effect on subjective and objective assessments ...
    • Financial Literacy and Self-Control in FinTech: Evidence from a Field Experiment on Online Consumer Borrowing 

      Bu, Di; Hanspal, Tobin; Liao, Yin; Liu, Yong (2019-10-14)
      We report the results of a longitudinal intervention with students across five universities in China designed to reduce online consumer debt. Our research design allocates individuals to either a financial literacy treatment, ...
    • Financial Literacy and Socialist Education: Lessons from the German Reunification 

      Davoli, Maddalena; Hou, Jia (2018-07-01)
      A growing body of literature shows the importance of financial literacy in households' financial decisions. However, fewer studies focus on understanding the determinants of financial literacy. Our paper fills this gap by ...
    • FRED 

      Unknown author
      Federal Reserve Economic Data (FRED) is a database maintained by the Research division of the Federal Reserve Bank of St. Louisthat has more than 500,000 economic time series from 87 sources. The data can be viewed in ...
    • FTC 

      Unknown author
      The Federal Trade Commission (FTC) protects consumers and competition by preventing anticompetitive, deceptive, and unfair business practices through law enforcement, advocacy, and education without unduly burdening ...
    • Gender Differences in Financial Advice 

      Bucher-Koenen, Tabea; Hackethal, Andreas; Koenen, Johannes; Laudenbach, Christine (2015-03-04)
      We show that financial advisors recommend more costly products to female clients, based onminutes from about 27,000 real-world advisory meetings and client portfolio data. Funds recommended to women have higher expense ...
    • GFMF 

      Unknown author
      The German Federal Ministry of Finance is in charge of the federal budget as well as tax and fiscal policy.
    • GSOEP 

      Unknown author
      The German Socio-Economic Panel (GSOEP) is an interdisciplinary longitudinal study of private households for the representative analysis and interpretation of social and economic behavior in the Federal Republic of Germany. ...
    • HMD 

      Unknown author
      The Human Mortality Database (HMD) contains original calculations of death rates and life tables for national populations (countries or areas), as well as the input data used in constructing those tables. The input data ...
    • Household Debt and Social Interactions 

      Georgarakos, Dimitris; Haliassos, Michalis; Pasini, Giacomo (2013-12-06)
      Can concern with relative standing, which has been shown to influence consumption and labor supply, also increase borrowing and the likelihood of financial distress? We find that perceived peer income contributes to debt ...
    • Housing Habits and Their Implications for Life-Cycle Consumption and Investment 

      Kraft, Holger; Munk, Claus; Wagner, Sebastian (2017-01-26)
      We solve a rich life-cycle model of household decisions involving consumption of perishable goods and housing services, habit formation for housing consumption, stochastic labor income, stochastic house prices, home renting ...