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

15

DOWNLOADS
Rank 11,045

SSRN RANKINGS

Top 11,045

in Total Papers Downloads

8,051

SSRN CITATIONS
Rank 710

SSRN RANKINGS

Top 710

in Total Papers Citations

1,407

CROSSREF CITATIONS

607

Scholarly Papers (15)

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, SKEMA Business School and Stockholm School of Economics - Department of Finance
Downloads 1,528 (22,587)
Citation 75

Abstract:

Loading...

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, SKEMA Business School and Stockholm School of Economics - Department of Finance
Downloads 0
  • Add to Cart

Abstract:

Loading...

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

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: 122 Posted: 29 May 2016 Last Revised: 14 Jul 2021
Stockholm School of Economics - Department of Finance, Columbia University Graduate School of Business, Stockholm University - Department of Economics and Universite du Luxembourg
Downloads 1,012 (41,165)
Citation 5

Abstract:

Loading...

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

Identifying the Benefits from Homeownership: A Swedish Experiment

NBER Working Paper No. w22882
Number of pages: 123 Posted: 05 Dec 2016 Last Revised: 10 Jul 2023
Stockholm School of Economics - Department of Finance, Columbia University Graduate School of Business, Stockholm University - Department of Economics and Luxembourg School of Finance
Downloads 63 (645,530)

Abstract:

Loading...

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
Downloads 0
Citation 2
  • Add to Cart

Abstract:

Loading...

collateral effect, home ownership, housing wealth, mobility, MPC

3.

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, SKEMA Business School and Stockholm School of Economics - Department of Finance
Downloads 1,005 (42,226)
Citation 43

Abstract:

Loading...

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
SKEMA Business School, Harvard University - Department of Economics and Stockholm School of Economics - Department of Finance
Downloads 719 (65,681)
Citation 95

Abstract:

Loading...

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: 28 Sep 2022
SKEMA Business School, Harvard University - Department of Economics and Stockholm School of Economics - Department of Finance
Downloads 104 (474,576)
Citation 77

Abstract:

Loading...

Financial Innovation, Market Participation and Asset Prices

Number of pages: 47 Posted: 04 Oct 2001
SKEMA Business School, University of Copenhagen and Stockholm School of Economics - Department of Finance
Downloads 589 (84,739)

Abstract:

Loading...

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
SKEMA Business School, University of Copenhagen and Stockholm School of Economics - Department of Finance
Downloads 67 (624,432)

Abstract:

Loading...

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: 21 Nov 2022
SKEMA Business School, University of Copenhagen and Stockholm School of Economics - Department of Finance
Downloads 62 (650,942)
Citation 5

Abstract:

Loading...

Financial Innovation, Market Participation and Asset Prices

NYU Working Paper No. FIN-02-042
Number of pages: 50 Posted: 03 Nov 2008
SKEMA Business School, University of Copenhagen and Stockholm School of Economics - Department of Finance
Downloads 54 (697,451)

Abstract:

Loading...

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

6.

Countercyclical Income Risk and Portfolio Choices: Evidence from Sweden

Journal of Finance, Forthcoming, Swedish House of Finance Research Paper No. 20-20
Number of pages: 54 Posted: 22 Jun 2020 Last Revised: 07 Sep 2023
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 493 (107,092)
Citation 6

Abstract:

Loading...

Household finance, Asset pricing, Disaster risk, Labor income risk, Portfolio choices

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
SKEMA Business School and Stockholm School of Economics - Department of Finance
Downloads 286 (195,372)

Abstract:

Loading...

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
SKEMA Business School and Stockholm School of Economics - Department of Finance
Downloads 148 (361,093)
Citation 20

Abstract:

Loading...

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: 03 May 2023
Laurent E. Calvet and Paolo Sodini
SKEMA Business School and Stockholm School of Economics - Department of Finance
Downloads 48 (736,321)
Citation 52

Abstract:

Loading...

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
SKEMA Business School, Harvard University - Department of Economics and Stockholm School of Economics - Department of Finance
Downloads 311 (178,723)
Citation 15

Abstract:

Loading...

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: 16 Nov 2022
SKEMA Business School, Harvard University - Department of Economics and Stockholm School of Economics - Department of Finance
Downloads 96 (501,670)
Citation 101

Abstract:

Loading...

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

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

Abstract:

Loading...

9.

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, SKEMA Business School and Stockholm School of Economics - Department of Finance
Downloads 399 (137,136)
Citation 5

Abstract:

Loading...

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

10.
Downloads 391 (141,116)
Citation 17

Can Security Design Foster Household Risk-Taking?

Journal of Finance, Forthcoming
Number of pages: 188 Posted: 02 Nov 2019 Last Revised: 26 Feb 2022
SKEMA Business School, University of Toronto - Rotman School of Management, Stockholm School of Economics - Department of Finance and Harvard Business School - Finance Unit
Downloads 390 (140,261)
Citation 4

Abstract:

Loading...

Behavioral biases, capital guarantee product, household finance, risk-taking, security design.

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
SKEMA Business School, University of Toronto, Stockholm School of Economics - Department of Finance and Harvard Business School - Finance Unit
Downloads 1 (1,162,535)
  • Add to Cart

Abstract:

Loading...

behavioral biases, capital guarantee product, household finance, risk-taking, security design

11.

Measuring the Financial Sophistication of Households

NBER Working Paper No. w14699
Number of pages: 48 Posted: 17 Feb 2009 Last Revised: 01 Sep 2022
SKEMA Business School, Harvard University - Department of Economics and Stockholm School of Economics - Department of Finance
Downloads 184 (299,416)
Citation 36

Abstract:

Loading...

12.
Downloads 168 (326,068)
Citation 4

The Cross-Section of Household Preferences

Number of pages: 79 Posted: 09 Nov 2022
SKEMA Business School, Harvard University - Department of Economics, London Business School and Stockholm School of Economics - Department of Finance
Downloads 150 (359,070)

Abstract:

Loading...

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

The Cross-Section of Household Preferences

NBER Working Paper No. w28788
Number of pages: 42 Posted: 17 May 2021 Last Revised: 27 Feb 2023
SKEMA Business School, Harvard University - Department of Economics, London Business School and Stockholm School of Economics - Department of Finance
Downloads 17 (1,006,887)

Abstract:

Loading...

The Cross-Section of Household Preferences

CEPR Discussion Paper No. DP16105
Number of pages: 120 Posted: 14 May 2021
SKEMA Business School, Harvard University - Department of Economics, London Business School and Stockholm School of Economics - Department of Finance
Downloads 1 (1,162,535)
Citation 4
  • Add to Cart

Abstract:

Loading...

13.

Soft Negotiators or Modest Builders? Why Women Earn Lower Real Estate Returns

Swedish House of Finance Research Paper No. 22-14
Number of pages: 49 Posted: 30 Sep 2022 Last Revised: 06 Dec 2022
Stockholm School of Economics, ESSEC Business School - Finance Department, Stockholm School of Economics - Department of Finance and affiliation not provided to SSRN
Downloads 159 (340,007)

Abstract:

Loading...

Gender gap, real estate, returns

14.

Soft Negotiators or Modest Builders? Why Women Earn Lower Real Estate Returns

Proceedings of the EUROFIDAI-ESSEC Paris December Finance Meeting 2022, Swedish House of Finance Research Paper No. 23-04
Number of pages: 47 Posted: 28 Oct 2022 Last Revised: 28 Mar 2023
Laurent Bach, Anastasia Girshina and Paolo Sodini
ESSEC Business School - Finance Department, Stockholm School of Economics and Stockholm School of Economics - Department of Finance
Downloads 153 (351,171)

Abstract:

Loading...

15.

Household Finance: An Emerging Field

CEPR Discussion Paper No. DP8934
Number of pages: 214 Posted: 25 May 2012
Luigi Guiso, Luigi Guiso and Paolo Sodini
Einaudi Institute for Economics and FinanceEinaudi Institute for Economics and Finance (EIEF) and Stockholm School of Economics - Department of Finance
Downloads 12 (1,024,148)
Citation 26
  • Add to Cart

Abstract:

Loading...

Consumer financial protection, Financial advice, Household financial decisions, Individual portfolio choice