Household Portfolios and Risk Bearing over Age and Time

Preprint OPEN
Alessandro Bucciol; Raffaele Miniaci;
(2011)
  • Subject: household finance, risk bearing, background risk, real estate, human capital
    • jel: jel:D81 | jel:G11 | jel:D14

We exploit the US Survey of Consumer Finances from 1998 to 2007 to study households’ portfolio risk bearing. We compare four alternative measures of risk, two based on a financial portfolio and two based on a broader portfolio also including – as illiquid assets – human... View more
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