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Autor(en):
Georgarakos, Michael Haliassos; Dimitris Christelis; Dimitris 
Titel:
Differences in Portfolios across Countries: Economic Environment versus Household Characteristics 
Abstract:
We document and study international differences in both ownership and holdings of stocks, private businesses, homes, and mortgages among households aged fifty or more in thirteen countries, using new and comparable survey data. We employ counterfactual techniques to decompose observed differences across the Atlantic, within the US, andwithin Europe into those arising from differences in population characteristics and differences in economic environments. We then correlate the latter differences...    »
 
Stichworte:
Arbeitspapier/Diskussionspapier 
Jahr:
2010