Paolo Sodini

Stockholm School of Economics - Department of Finance

Associate Professor of Finance

Sveavagen 65, Box 6501

SE-113 83 Stockholm

Sweden

http://www.hhs.se/secfi/People/Faculty/Finpso/finp

Swedish House of Finance

Drottninggatan 98

111 60 Stockholm

Sweden

SCHOLARLY PAPERS

13

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681

CROSSREF CITATIONS

610

Scholarly Papers (13)

Rich Pickings? Risk, Return, and Skill in Household Wealth

HEC Paris Research Paper No. FIN-2016-1126, Swedish House of Finance Research Paper No. 16-03
Number of pages: 65 Posted: 21 Dec 2015 Last Revised: 20 Jan 2019
Laurent Bach, Laurent E. Calvet and Paolo Sodini
ESSEC Business School - Finance Department, EDHEC Business School - Department of Economics & Finance and Stockholm School of Economics - Department of Finance
Downloads 1,190 (20,403)
Citation 75

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Household finance, inequality, risk-taking, factor-based investing, leverage, real estate, private equity, cost of debt.

Rich Pickings? Risk, Return, and Skill in the Portfolios of the Wealthy

CEPR Discussion Paper No. DP11734
Number of pages: 63 Posted: 03 Jan 2017
Laurent Bach, Laurent E. Calvet and Paolo Sodini
ESSEC Business School - Finance Department, EDHEC Business School - Department of Economics & Finance and Stockholm School of Economics - Department of Finance
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cost of debt, factor-based investing, household finance, inequality, leverage, private equity, real estate, risk-taking

2.

Who Are the Value and Growth Investors?

Journal of Finance, Forthcoming, Paris December 2014 Finance Meeting EUROFIDAI - AFFI Paper, HEC Paris Research Paper No. FIN-2014-1043
Number of pages: 76 Posted: 21 Apr 2014 Last Revised: 15 Mar 2016
McGill University - Desautels Faculty of Management, EDHEC Business School - Department of Economics & Finance and Stockholm School of Economics - Department of Finance
Downloads 798 (36,782)
Citation 20

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Asset pricing, factor-based investing, household finance, human capital, portfolio allocation, value premium.

Fight or Flight? Portfolio Rebalancing by Individual Investors

AFA 2008 New Orleans Meetings Paper
Number of pages: 45 Posted: 21 Mar 2007
EDHEC Business School - Department of Economics & Finance, Harvard University - Department of Economics and Stockholm School of Economics - Department of Finance
Downloads 670 (46,078)
Citation 95

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Asset allocation, disposition effect, diversification, participation, portfolio rebalancing

Fight or Flight? Portfolio Rebalancing by Individual Investors

NBER Working Paper No. w14177
Number of pages: 46 Posted: 21 Jul 2008 Last Revised: 08 Mar 2013
EDHEC Business School - Department of Economics & Finance, Harvard University - Department of Economics and Stockholm School of Economics - Department of Finance
Downloads 65 (410,214)

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Financial Innovation, Market Participation and Asset Prices

Number of pages: 47 Posted: 04 Oct 2001
EDHEC Business School - Department of Economics & Finance, University of Copenhagen and Stockholm School of Economics - Department of Finance
Downloads 571 (56,614)
Citation 1

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Endogenous Participation, Epstein-Zin Utility, Financial Innovation, Incomplete Markets, Multiple Risk Factors, Risk Premium, Spanning

Financial Innovation, Market Participation and Asset Prices

NYU Working Paper No. S-MF-02-03
Number of pages: 50 Posted: 12 Nov 2008
EDHEC Business School - Department of Economics & Finance, University of Copenhagen and Stockholm School of Economics - Department of Finance
Downloads 53 (453,981)

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Endogenous participation, Epstein-Zin utility, financial innovation, incomplete markets, multiple risk factors, spanning

Financial Innovation, Market Participation and Asset Prices

NYU Working Paper No. FIN-02-042
Number of pages: 50 Posted: 03 Nov 2008
EDHEC Business School - Department of Economics & Finance, University of Copenhagen and Stockholm School of Economics - Department of Finance
Downloads 43 (496,994)

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Endogenous participation, Epstein-Zin utility, financial innovation, incomplete markets, multiple risk factors, spanning

Financial Innovation, Market Participation and Asset Prices

NBER Working Paper No. w9840
Number of pages: 43 Posted: 20 Jul 2003 Last Revised: 03 Nov 2014
EDHEC Business School - Department of Economics & Finance, University of Copenhagen and Stockholm School of Economics - Department of Finance
Downloads 41 (506,394)
Citation 5

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Identifying the Benefits from Home Ownership: A Swedish Experiment

Swedish House of Finance Research Paper No. 16-11, Paris December 2016 Finance Meeting EUROFIDAI - AFFI
Number of pages: 66 Posted: 29 May 2016 Last Revised: 03 Oct 2017
Stockholm School of Economics - Department of Finance, Columbia University Graduate School of Business, Stockholm University - Department of Economics and Universite du Luxembourg
Downloads 506 (65,968)
Citation 5

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home ownership, housing wealth, marginal propensity to consume out of housing wealth, privatization of social housing

Identifying the Benefits from Home Ownership: A Swedish Experiment

NBER Working Paper No. w22882
Number of pages: 83 Posted: 05 Dec 2016
Stockholm School of Economics - Department of Finance, Columbia University Graduate School of Business, Stockholm University - Department of Economics and Luxembourg School of Finance
Downloads 22 (619,393)

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Identifying the Benefits from Home Ownership: A Swedish Experiment

CEPR Discussion Paper No. DP11656
Number of pages: 85 Posted: 29 Nov 2016
Stockholm School of Economics - Department of Finance, Columbia University Graduate School of Business, Stockholm University - Department of Economics and Luxembourg School of Finance
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Citation 2
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collateral effect, home ownership, housing wealth, mobility, MPC

Twin Picks: Disentangling the Determinants of Risk-Taking in Household Portfolios

Journal of Finance, Forthcoming
Number of pages: 144 Posted: 31 Mar 2010 Last Revised: 21 Mar 2013
Laurent E. Calvet and Paolo Sodini
EDHEC Business School - Department of Economics & Finance and Stockholm School of Economics - Department of Finance
Downloads 257 (142,492)

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Asset allocation, communication, genetics, habit formation, human capital, labor income, leverage, participation, risk-taking, social interactions, twin study

Twin Picks: Disentangling the Determinants of Risk-Taking in Household Portfolios

SAFE Working Paper No. 13
Number of pages: 146 Posted: 03 Apr 2013
Laurent E. Calvet and Paolo Sodini
EDHEC Business School - Department of Economics & Finance and Stockholm School of Economics - Department of Finance
Downloads 68 (400,393)
Citation 40

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Asset allocation, communication, genetics, habit formation, human capital, labor income, leverage, participation, risk-taking, social interactions, twin study

Twin Picks: Disentangling the Determinants of Risk-Taking in Household Portfolios

NBER Working Paper No. w15859
Number of pages: 51 Posted: 05 Apr 2010 Last Revised: 25 Sep 2010
Laurent E. Calvet and Paolo Sodini
EDHEC Business School - Department of Economics & Finance and Stockholm School of Economics - Department of Finance
Downloads 30 (565,148)

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Down or Out: Assessing the Welfare Costs of Household Investment Mistakes

Harvard Institute of Economic Research Discussion Paper No. 2107, Riksbank Research Paper Series No. 28, Riksbank Working Paper No. 195
Number of pages: 65 Posted: 21 Feb 2006
EDHEC Business School - Department of Economics & Finance, Harvard University - Department of Economics and Stockholm School of Economics - Department of Finance
Downloads 264 (138,677)
Citation 12

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Asset allocation, diversification, familiarity, participation

Down or Out: Assessing the Welfare Costs of Household Investment Mistakes

NBER Working Paper No. w12030
Number of pages: 65 Posted: 11 Feb 2006 Last Revised: 08 Mar 2013
EDHEC Business School - Department of Economics & Finance, Harvard University - Department of Economics and Stockholm School of Economics - Department of Finance
Downloads 72 (387,855)
Citation 101

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Down or Out: Assessing the Welfare Costs of Household Investment Mistakes

Journal of Political Economy, Vol. 115, No. 5, 2007
Posted: 21 Dec 2007
EDHEC Business School - Department of Economics & Finance, Harvard University - Department of Economics and Stockholm School of Economics - Department of Finance

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8.

From Saving Comes Having? Disentangling the Impact of Saving on Wealth Inequality

Swedish House of Finance Research Paper No. 18-8
Number of pages: 56 Posted: 03 Jan 2018 Last Revised: 20 Jul 2018
Laurent Bach, Laurent E. Calvet and Paolo Sodini
ESSEC Business School - Finance Department, EDHEC Business School - Department of Economics & Finance and Stockholm School of Economics - Department of Finance
Downloads 260 (141,441)
Citation 5

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Household finance, inequality, saving, consumption, income-to-wealth ratio

9.

Measuring the Financial Sophistication of Households

NBER Working Paper No. w14699
Number of pages: 48 Posted: 17 Feb 2009 Last Revised: 01 Mar 2021
EDHEC Business School - Department of Economics & Finance, Harvard University - Department of Economics and Stockholm School of Economics - Department of Finance
Downloads 118 (280,619)
Citation 36

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10.

Countercyclical Income Risk and Portfolio Choices: Evidence from Sweden

Swedish House of Finance Research Paper No. 20-20
Number of pages: 42 Posted: 22 Jun 2020 Last Revised: 07 Oct 2020
Sylvain Catherine, Paolo Sodini and Yapei Zhang
University of Pennsylvania - Finance Department, Stockholm School of Economics - Department of Finance and ShanghaiTech University - School of Entrepreneurship and Management
Downloads 71 (386,401)

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Household Finance, Labor Income Risk, Portfolio Choices

11.
Downloads 51 (454,135)
Citation 4

Can Security Design Foster Household Risk-Taking?

Number of pages: 56 Posted: 02 Nov 2019 Last Revised: 25 Jun 2020
EDHEC Business School - Department of Economics & Finance, University of Toronto - Rotman School of Management, Stockholm School of Economics - Department of Finance and Harvard Business School - Finance Unit
Downloads 51 (461,907)
Citation 4

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Financial innovation, household finance, capital protected investment, behavioral biases, stock market participation, risk-taking

Can Security Design Foster Household Risk-Taking?

CEPR Discussion Paper No. DP14955
Number of pages: 111 Posted: 29 Jun 2020 Last Revised: 16 Aug 2020
EDHEC Business School - Department of Economics & Finance, University of Toronto, Stockholm School of Economics - Department of Finance and Harvard Business School - Finance Unit
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behavioral biases, capital guarantee product, household finance, risk-taking, security design

12.

Household Finance: An Emerging Field

CEPR Discussion Paper No. DP8934
Number of pages: 214 Posted: 25 May 2012
Luigi Guiso and Paolo Sodini
Einaudi Institute for Economics and Finance (EIEF) and Stockholm School of Economics - Department of Finance
Downloads 12 (670,284)
Citation 26
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Consumer financial protection, Financial advice, Household financial decisions, Individual portfolio choice

13.

The Cross-Section of Household Preferences

Number of pages: 116 Posted: 05 May 2021
EDHEC Business School - Department of Economics & Finance, Harvard University - Department of Economics, London Business School and Stockholm School of Economics - Department of Finance
Downloads 5 (723,141)

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Life-cycle model, elasticity of intertemporal substitution, risk aversion, time preference rate, Epstein-Zin preferences, indirect inference.