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International Comparative Household Finance

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  • Cristian Badarinza
  • John Y. Campbell
  • Tarun Ramadorai

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.

Suggested Citation

  • Cristian Badarinza & John Y. Campbell & Tarun Ramadorai, 2016. "International Comparative Household Finance," NBER Working Papers 22066, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:22066
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    More about this item

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions

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