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International Comparative Household Finance

40 Pages Posted: 17 Aug 2015 Last revised: 1 Mar 2016

Cristian Badarinza

National University of Singapore (NUS)

John Y. Campbell

Harvard University - Department of Economics; National Bureau of Economic Research (NBER)

Tarun Ramadorai

Imperial College London; Centre for Economic Policy Research (CEPR)

Multiple version iconThere are 3 versions of this paper

Date Written: March 1, 2016

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.

Keywords: household finance, household balance sheet, pension finance, risky investments, mortgage debt, international comparisons

JEL Classification: G21, N20, R20, J32

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

Cristian Badarinza (Contact Author)

National University of Singapore (NUS) ( email )

Bukit Timah Road 469 G
Singapore, 117591
Singapore

John Y. Campbell

Harvard University - Department of Economics ( email )

Littauer Center
Room 213
Cambridge, MA 02138
United States
617-496-6448 (Phone)
617-495-7730 (Fax)

HOME PAGE: http://scholar.harvard.edu/campbell

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Tarun Ramadorai

Imperial College London ( email )

South Kensington Campus
Exhibition Road
London, Greater London SW7 2AZ
United Kingdom

HOME PAGE: http://www.tarunramadorai.com

Centre for Economic Policy Research (CEPR) ( email )

77 Bastwick Street
London, EC1V 3PZ
United Kingdom

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