
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.
NATURAL EXPERIMENT, 330, Economics, ECONOMIC OUTCOMES, LITERACY, Social Sciences, INDIVIDUAL INVESTORS, household balance sheet, STOCK-MARKET PARTICIPATION, household finance, EMPIRICAL-ANALYSIS, CREDIT CARDS, PERSONAL BANKRUPTCY, Business & Economics, MORTGAGE DEFAULT, risky investments, mortgage debt, international comparisons, BEHAVIOR, pension finance
NATURAL EXPERIMENT, 330, Economics, ECONOMIC OUTCOMES, LITERACY, Social Sciences, INDIVIDUAL INVESTORS, household balance sheet, STOCK-MARKET PARTICIPATION, household finance, EMPIRICAL-ANALYSIS, CREDIT CARDS, PERSONAL BANKRUPTCY, Business & Economics, MORTGAGE DEFAULT, risky investments, mortgage debt, international comparisons, BEHAVIOR, pension finance
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