40 Pages Posted: 17 Aug 2015 Last revised: 1 Mar 2016
Date Written: March 1, 2016
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: 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