金融知识
金融脆弱性
资产(计算机安全)
经济
相互依存
金融市场
消费(社会学)
金融资产
业务
金融服务
资产配置
财务
金融危机
宏观经济学
社会学
计算机科学
法学
计算机安全
社会科学
文件夹
政治学
作者
Francisco Gomes,Michael Haliassos,Tarun Ramadorai
出处
期刊:Journal of Economic Literature
[American Economic Association]
日期:2021-09-01
卷期号:59 (3): 919-1000
被引量:199
摘要
Household financial decisions are complex, interdependent, and heterogeneous, and central to the functioning of the financial system. We present an overview of the rapidly expanding literature on household finance (with some important exceptions) and suggest directions for future research. We begin with the theory and empirics of asset market participation and asset allocation over the life cycle. We then discuss household choices in insurance markets, trading behavior, decisions on retirement saving, and financial choices by retirees. We survey research on liabilities, including mortgage choice, refinancing, and default, and household behavior in unsecured credit markets, including credit cards and payday lending. We then connect the household to its social environment, including peer effects, cultural and hereditary factors, intra-household financial decision-making, financial literacy, cognition, and educational interventions. We also discuss literature on the provision and consumption of financial advice. (JEL D15, G41, G50, J26, Z13)
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