International Comparative Household Finance

40 Pages Posted: 17 Aug 2015 Last revised: 1 Mar 2016

See all articles by Cristian Badarinza

Cristian Badarinza

National University of Singapore (NUS)

John Y. Campbell

Harvard University - Department of Economics; National Bureau of Economic Research (NBER)

Tarun Ramadorai

Imperial College London; Centre for Economic Policy Research (CEPR); European Corporate Governance Institute (ECGI)

Multiple version iconThere are 3 versions of this paper

Date Written: March 1, 2016

Abstract

This paper reviews the literature on international comparative household finance. The paper presents summary statistics on household balance sheets for 13 developed countries, and uses these statistics to discuss common features and contrasts across countries. The paper then discusses retirement savings, investments in risky assets, unsecured debt, and mortgages.

Keywords: household finance, household balance sheet, pension finance, risky investments, mortgage debt, international comparisons

JEL Classification: G21, N20, R20, J32

Suggested Citation

Badarinza, Cristian and Campbell, John Y. and Ramadorai, Tarun, International Comparative Household Finance (March 1, 2016). Available at SSRN: https://ssrn.com/abstract=2644967 or http://dx.doi.org/10.2139/ssrn.2644967

Cristian Badarinza (Contact Author)

National University of Singapore (NUS) ( email )

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John Y. Campbell

Harvard University - Department of Economics ( email )

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National Bureau of Economic Research (NBER)

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Tarun Ramadorai

Imperial College London ( email )

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HOME PAGE: http://www.tarunramadorai.com

Centre for Economic Policy Research (CEPR) ( email )

London
United Kingdom

European Corporate Governance Institute (ECGI) ( email )

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1000 Brussels
Belgium

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