Sökning: "foltyn"
Hittade 1 avhandling innehållade ordet foltyn.
1. Essays in Macroeconomics and Household Finance
Sammanfattning : Experience-based Learning, Stock Market Participation and Portfolio ChoiceRecent evidence suggests that lifetime experiences play an important role in determining households' investment choices. I incorporate these findings and the fact that household portfolios are underdiversified into an otherwise standard life-cycle model and examine to what extent they can help resolve long-standing puzzles in the literature regarding stock market participation and the fraction of financial wealth invested in risky assets. LÄS MER
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