DP8934 Household Finance: An Emerging Field

Author(s): Luigi Guiso, Paolo Sodini
Publication Date: April 2012
Keyword(s): Consumer financial protection, Financial advice, Household financial decisions, Individual portfolio choice
JEL(s): d1, d3
Programme Areas: Financial Economics
Link to this Page: cepr.org/active/publications/discussion_papers/dp.php?dpno=8934

Household finance - the normative and positive study of how households use financial markets to achieve their objectives - has gained a lot of attention over the past decade and has become a field with its own identity, style and agenda. In this paper we review its evolution and most recent developments.