Author: Luigi Guiso
Publisher:
ISBN:
Category : Households
Languages : en
Pages : 84
Book Description
Household Portfolios in Italy
Author: Luigi Guiso
Publisher:
ISBN:
Category : Households
Languages : en
Pages : 84
Book Description
Publisher:
ISBN:
Category : Households
Languages : en
Pages : 84
Book Description
Household Portfolios
Author: Luigi Guiso
Publisher: MIT Press
ISBN: 9780262072212
Category : Business & Economics
Languages : en
Pages : 552
Book Description
Theoretical and empirical analysis of the structure of household portfolios.
Publisher: MIT Press
ISBN: 9780262072212
Category : Business & Economics
Languages : en
Pages : 552
Book Description
Theoretical and empirical analysis of the structure of household portfolios.
Research Anthology on Personal Finance and Improving Financial Literacy
Author: Management Association, Information Resources
Publisher: IGI Global
ISBN: 1799881016
Category : Business & Economics
Languages : en
Pages : 600
Book Description
Developing personal financial skills and improving financial literacy are fundamental aspects for managing money and propelling a bright financial future. Considering life events and risks that unexpectantly present themselves, especially in the light of recent global events, there is often an uncertainty associated with financial standings in unsettled times. It is important to have personal finance management to prepare for times of crisis, and personal finance is something to be thought about in everyday life. The incorporation of financial literacy for individuals is essential for a decision-making process that could affect their financial future. Having a keen understanding of beneficial and detrimental financial decisions, a plan for personal finances, and personalized goals are baselines for money management that will create stability and prosperity. In a world that is rapidly digitalized, there are new tools and technologies that have entered the sphere of finance as well that should be integrated into the conversation. The latest methods and models for improving financial literacy along with critical information on budgeting, saving, and managing spending are essential topics in today’s world. The Research Anthology on Personal Finance and Improving Financial Literacy provides readers with the latest research and developments in how to improve, understand, and utilize personal finance methodologies or services and obtain critical financial literacy. The chapters within this essential reference work will cover personal finance technologies, banking, investing, budgeting, saving, and the best practices and techniques for optimal money management. This book is ideally designed for business managers, financial consultants, entrepreneurs, auditors, economists, accountants, academicians, researchers, and students seeking current research on modern advancements and recent findings in personal finance.
Publisher: IGI Global
ISBN: 1799881016
Category : Business & Economics
Languages : en
Pages : 600
Book Description
Developing personal financial skills and improving financial literacy are fundamental aspects for managing money and propelling a bright financial future. Considering life events and risks that unexpectantly present themselves, especially in the light of recent global events, there is often an uncertainty associated with financial standings in unsettled times. It is important to have personal finance management to prepare for times of crisis, and personal finance is something to be thought about in everyday life. The incorporation of financial literacy for individuals is essential for a decision-making process that could affect their financial future. Having a keen understanding of beneficial and detrimental financial decisions, a plan for personal finances, and personalized goals are baselines for money management that will create stability and prosperity. In a world that is rapidly digitalized, there are new tools and technologies that have entered the sphere of finance as well that should be integrated into the conversation. The latest methods and models for improving financial literacy along with critical information on budgeting, saving, and managing spending are essential topics in today’s world. The Research Anthology on Personal Finance and Improving Financial Literacy provides readers with the latest research and developments in how to improve, understand, and utilize personal finance methodologies or services and obtain critical financial literacy. The chapters within this essential reference work will cover personal finance technologies, banking, investing, budgeting, saving, and the best practices and techniques for optimal money management. This book is ideally designed for business managers, financial consultants, entrepreneurs, auditors, economists, accountants, academicians, researchers, and students seeking current research on modern advancements and recent findings in personal finance.
International Perspectives on Household Wealth
Author: Edward N. Wolff
Publisher: Edward Elgar Publishing
ISBN: 1847203175
Category : Political Science
Languages : en
Pages : 461
Book Description
Editor Wolff is a leading authority on income, wealth, and inequality in the US, and contributing authors are well-respected experts in their field. Overall, the research is high quality, and most papers include a substantial list of references. A plethora of data is considered, and much statistical evidence is presented. . . . A useful contribution to the literature on income distribution and wealth inequality. Recommended. E. Kacapyr, Choice The contributors to this comprehensive book compile and analyse the latest data available on household wealth using, as case studies, the United States, Canada, Germany, Italy, Sweden, and Finland during the 1990s and into the twenty-first century. The authors show that in the US, trends are highlighted in terms of wealth holdings, among the low-income population, along with changes in wealth polarization, racial differences in wealth holdings, and the dynamics of portfolio choices. The consensus between the authors is that wealth inequality has generally risen among these OECD countries since the early 1980s, although Germany stands out as an exception. In the case of the US, it is also noted that wealth holdings have generally failed to improve among low-income families and that the racial wealth gap widened during the late 1980s. International Perspectives on Household Wealth also contains new results on a number of topics, including measures and changes of wealth polarization in the US, measurement and changes of portfolio span in the US, asset holdings of low-income households in the US, and the effects of parental resources on asset holdings in Chile. Academic, government, and public policy economists in OECD countries, as well as those in so-called middle-income countries around the world, will find much to engage them within this book. It will also appeal to academics and researchers of international and welfare economics and other social scientists interested in the issue of inequality.
Publisher: Edward Elgar Publishing
ISBN: 1847203175
Category : Political Science
Languages : en
Pages : 461
Book Description
Editor Wolff is a leading authority on income, wealth, and inequality in the US, and contributing authors are well-respected experts in their field. Overall, the research is high quality, and most papers include a substantial list of references. A plethora of data is considered, and much statistical evidence is presented. . . . A useful contribution to the literature on income distribution and wealth inequality. Recommended. E. Kacapyr, Choice The contributors to this comprehensive book compile and analyse the latest data available on household wealth using, as case studies, the United States, Canada, Germany, Italy, Sweden, and Finland during the 1990s and into the twenty-first century. The authors show that in the US, trends are highlighted in terms of wealth holdings, among the low-income population, along with changes in wealth polarization, racial differences in wealth holdings, and the dynamics of portfolio choices. The consensus between the authors is that wealth inequality has generally risen among these OECD countries since the early 1980s, although Germany stands out as an exception. In the case of the US, it is also noted that wealth holdings have generally failed to improve among low-income families and that the racial wealth gap widened during the late 1980s. International Perspectives on Household Wealth also contains new results on a number of topics, including measures and changes of wealth polarization in the US, measurement and changes of portfolio span in the US, asset holdings of low-income households in the US, and the effects of parental resources on asset holdings in Chile. Academic, government, and public policy economists in OECD countries, as well as those in so-called middle-income countries around the world, will find much to engage them within this book. It will also appeal to academics and researchers of international and welfare economics and other social scientists interested in the issue of inequality.
Handbook of the Economics of Finance
Author: G. Constantinides
Publisher: Elsevier
ISBN: 9780444513632
Category : Business & Economics
Languages : en
Pages : 698
Book Description
Arbitrage, State Prices and Portfolio Theory / Philip h. Dybvig and Stephen a. Ross / - Intertemporal Asset Pricing Theory / Darrell Duffle / - Tests of Multifactor Pricing Models, Volatility Bounds and Portfolio Performance / Wayne E. Ferson / - Consumption-Based Asset Pricing / John y Campbell / - The Equity Premium in Retrospect / Rainish Mehra and Edward c. Prescott / - Anomalies and Market Efficiency / William Schwert / - Are Financial Assets Priced Locally or Globally? / G. Andrew Karolyi and Rene M. Stuli / - Microstructure and Asset Pricing / David Easley and Maureen O'hara / - A Survey of Behavioral Finance / Nicholas Barberis and Richard Thaler / - Derivatives / Robert E. Whaley / - Fixed-Income Pricing / Qiang Dai and Kenneth J. Singleton.
Publisher: Elsevier
ISBN: 9780444513632
Category : Business & Economics
Languages : en
Pages : 698
Book Description
Arbitrage, State Prices and Portfolio Theory / Philip h. Dybvig and Stephen a. Ross / - Intertemporal Asset Pricing Theory / Darrell Duffle / - Tests of Multifactor Pricing Models, Volatility Bounds and Portfolio Performance / Wayne E. Ferson / - Consumption-Based Asset Pricing / John y Campbell / - The Equity Premium in Retrospect / Rainish Mehra and Edward c. Prescott / - Anomalies and Market Efficiency / William Schwert / - Are Financial Assets Priced Locally or Globally? / G. Andrew Karolyi and Rene M. Stuli / - Microstructure and Asset Pricing / David Easley and Maureen O'hara / - A Survey of Behavioral Finance / Nicholas Barberis and Richard Thaler / - Derivatives / Robert E. Whaley / - Fixed-Income Pricing / Qiang Dai and Kenneth J. Singleton.
International comparisons of household asset holdings
Author: Tobias Dümmler
Publisher: GRIN Verlag
ISBN: 3638872378
Category : Business & Economics
Languages : en
Pages : 34
Book Description
Seminar paper from the year 2007 in the subject Economics - Monetary theory and policy, grade: 1,3, University of Frankfurt (Main) (Fachbereich Wirtschaftswissenschaften), course: Seminar in Household Saving, Borrowing and Portfolio Choice, 7 entries in the bibliography, language: English, abstract: Not long before, most approaches in economics have ignored portfolio decisions of private households. However, some major developments in the last decades have made portfolio decisions more and more important. As a consequence, new academic approaches are replacing simple saving-consumption models making use of an increasing and improving database across countries. Since being a relatively new field of research work, a lot of interesting findings concerning country-specific peculiarities can be achieved by examining international data. Also, by comparing countries, new insights are possible in order to improve the understanding of portfolio decision. In our thesis, we want to do empirical work in order to shed light on some of these questions. Before doing so, we give a brief review and comparison of six different articles which had been the basis of our seminar work. We also try to pick the results comparable to those from our own work in the subsequent chapter as our main part. Here, we analyze data drawn from a special sample of the Survey of Health, Ageing and Retirement in Europe (SHARE) for the year 2004 including households aged 50 or over from Spain, Germany and Sweden. We do both descriptive analysis and regression analysis. Of course, these households are a special sample with specific characteristics due to their age. Nevertheless, the general restraint toward risky assets such as stocks in Germany as well as in Spain becomes obvious in the data. The older Swedish households, however, seem to behave similar to their US counterparts. Conducting a probit model indicates, that even after controlling for other potential important characteristics – such as net worth and education – Swedish households tend to be more likely to own risky assets on average than their German or Spanish counterparts. This is fully in line with the findings of one of the article discussed in the literature review that stigmatizes Sweden and the USA as the countries with the highest stock market participation.
Publisher: GRIN Verlag
ISBN: 3638872378
Category : Business & Economics
Languages : en
Pages : 34
Book Description
Seminar paper from the year 2007 in the subject Economics - Monetary theory and policy, grade: 1,3, University of Frankfurt (Main) (Fachbereich Wirtschaftswissenschaften), course: Seminar in Household Saving, Borrowing and Portfolio Choice, 7 entries in the bibliography, language: English, abstract: Not long before, most approaches in economics have ignored portfolio decisions of private households. However, some major developments in the last decades have made portfolio decisions more and more important. As a consequence, new academic approaches are replacing simple saving-consumption models making use of an increasing and improving database across countries. Since being a relatively new field of research work, a lot of interesting findings concerning country-specific peculiarities can be achieved by examining international data. Also, by comparing countries, new insights are possible in order to improve the understanding of portfolio decision. In our thesis, we want to do empirical work in order to shed light on some of these questions. Before doing so, we give a brief review and comparison of six different articles which had been the basis of our seminar work. We also try to pick the results comparable to those from our own work in the subsequent chapter as our main part. Here, we analyze data drawn from a special sample of the Survey of Health, Ageing and Retirement in Europe (SHARE) for the year 2004 including households aged 50 or over from Spain, Germany and Sweden. We do both descriptive analysis and regression analysis. Of course, these households are a special sample with specific characteristics due to their age. Nevertheless, the general restraint toward risky assets such as stocks in Germany as well as in Spain becomes obvious in the data. The older Swedish households, however, seem to behave similar to their US counterparts. Conducting a probit model indicates, that even after controlling for other potential important characteristics – such as net worth and education – Swedish households tend to be more likely to own risky assets on average than their German or Spanish counterparts. This is fully in line with the findings of one of the article discussed in the literature review that stigmatizes Sweden and the USA as the countries with the highest stock market participation.
How to Protect Investors
Author: Niamh Moloney
Publisher: Cambridge University Press
ISBN: 1139485555
Category : Law
Languages : en
Pages : 501
Book Description
As governments around the world withdraw from welfare provision and promote long-term savings by households through the financial markets, the protection of retail investors has become critically important. Taking as a case study the wide-ranging EC investor-protection regime which now governs EC retail markets after an intense reform period, this critical, contextual and comparative examination of the nature of investor protection explores why the retail investor should be protected, whether retail investor engagement with the markets should be encouraged and how investor protection laws should be designed, particularly in light of the financial crisis. The book considers the implications of the EC's investor protection rules 'on the books' but also considers investor protection law and policy 'in action', drawing on experience from the UK retail market and in particular the Financial Services Authority's extensive retail market activities, including the recent Retail Distribution Review and the Treating Customers Fairly strategy.
Publisher: Cambridge University Press
ISBN: 1139485555
Category : Law
Languages : en
Pages : 501
Book Description
As governments around the world withdraw from welfare provision and promote long-term savings by households through the financial markets, the protection of retail investors has become critically important. Taking as a case study the wide-ranging EC investor-protection regime which now governs EC retail markets after an intense reform period, this critical, contextual and comparative examination of the nature of investor protection explores why the retail investor should be protected, whether retail investor engagement with the markets should be encouraged and how investor protection laws should be designed, particularly in light of the financial crisis. The book considers the implications of the EC's investor protection rules 'on the books' but also considers investor protection law and policy 'in action', drawing on experience from the UK retail market and in particular the Financial Services Authority's extensive retail market activities, including the recent Retail Distribution Review and the Treating Customers Fairly strategy.
Diversification and Portfolio Management of Mutual Funds
Author: G. Gregoriou
Publisher: Springer
ISBN: 0230626505
Category : Business & Economics
Languages : en
Pages : 446
Book Description
This book addresses the importance of diversification for reducing volatility of investment portfolios. It shows how to improve investment efficiency, and explains how international diversification reduces overall risk while enhancing performance. This book is a crucial tool for any investor looking to improve the profit gain from their investment.
Publisher: Springer
ISBN: 0230626505
Category : Business & Economics
Languages : en
Pages : 446
Book Description
This book addresses the importance of diversification for reducing volatility of investment portfolios. It shows how to improve investment efficiency, and explains how international diversification reduces overall risk while enhancing performance. This book is a crucial tool for any investor looking to improve the profit gain from their investment.
European Corporate Governance
Author: Thomas Clarke
Publisher: Routledge
ISBN: 1134135971
Category : Business & Economics
Languages : en
Pages : 752
Book Description
For decades, Europe has sought to become more financially integrated with the United States and thus European legal institutions, regulatory, governance and accounting practices have faced pressures to adapt to international competitive markets. Against this backdrop, European corporate governance systems have been criticized as being less efficient than the Anglo-American market based systems. This textbook examines the unique dimensions and qualities of European corporate governance. Reforms of key institutions, the doctrine of shareholder value and the seemingly irresistible growth of CEO power and reward are critically analyzed. The book brings out the richness of European corporate governance systems, as well as highlighting historical weaknesses that will require further work for a sustainable corporate governance environment in the future. In light of the most severe financial crisis since the 1930s, this intelligent look at European corporate governance is a vital textbook for courses on corporate governance and a great supplementary textbook on a host of business, management and accounting classes.
Publisher: Routledge
ISBN: 1134135971
Category : Business & Economics
Languages : en
Pages : 752
Book Description
For decades, Europe has sought to become more financially integrated with the United States and thus European legal institutions, regulatory, governance and accounting practices have faced pressures to adapt to international competitive markets. Against this backdrop, European corporate governance systems have been criticized as being less efficient than the Anglo-American market based systems. This textbook examines the unique dimensions and qualities of European corporate governance. Reforms of key institutions, the doctrine of shareholder value and the seemingly irresistible growth of CEO power and reward are critically analyzed. The book brings out the richness of European corporate governance systems, as well as highlighting historical weaknesses that will require further work for a sustainable corporate governance environment in the future. In light of the most severe financial crisis since the 1930s, this intelligent look at European corporate governance is a vital textbook for courses on corporate governance and a great supplementary textbook on a host of business, management and accounting classes.
The Financial Systems of Industrial Countries
Author: Riccardo De Bonis
Publisher: Springer Science & Business Media
ISBN: 3642231101
Category : Business & Economics
Languages : en
Pages : 284
Book Description
This book offers a comprehensive overview of the financial systems of major industrialized countries using the statistical framework of the financial accounts. After a discussion of how economists agreed to create a framework to monitor the financial linkages between surplus and deficit sectors, the book analyzes in detail the composition and the recent evolution of financial assets and liabilities for households (including public pension rights), firms and intermediaries. Next, the volume studies the convergence patterns of financial structures and their influence on the effectiveness of monetary policy within European countries. The final chapter unifies the previous pictures, showing how the effects of financial integration and global imbalances could have been foreseen based on the financial accounts. The analysis and information contained in the book will help the readers to understand many issues and challenges raised by the recent financial crisis.
Publisher: Springer Science & Business Media
ISBN: 3642231101
Category : Business & Economics
Languages : en
Pages : 284
Book Description
This book offers a comprehensive overview of the financial systems of major industrialized countries using the statistical framework of the financial accounts. After a discussion of how economists agreed to create a framework to monitor the financial linkages between surplus and deficit sectors, the book analyzes in detail the composition and the recent evolution of financial assets and liabilities for households (including public pension rights), firms and intermediaries. Next, the volume studies the convergence patterns of financial structures and their influence on the effectiveness of monetary policy within European countries. The final chapter unifies the previous pictures, showing how the effects of financial integration and global imbalances could have been foreseen based on the financial accounts. The analysis and information contained in the book will help the readers to understand many issues and challenges raised by the recent financial crisis.