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|
|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.