Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Household Portfolios PDF full book. Access full book title Household Portfolios.
| Author | : Luigi Guiso |
| Publisher | : MIT Press |
| Total Pages | : 552 |
| Release | : 2002 |
| Genre | : Business & Economics |
| ISBN | : 9780262072212 |
Theoretical and empirical analysis of the structure of household portfolios.
| Author | : Daryl Collins |
| Publisher | : Princeton University Press |
| Total Pages | : 296 |
| Release | : 2009-04-20 |
| Genre | : Business & Economics |
| ISBN | : 1400829968 |
Nearly forty percent of humanity lives on an average of two dollars a day or less. If you've never had to survive on an income so small, it is hard to imagine. How would you put food on the table, afford a home, and educate your children? How would you handle emergencies and old age? Every day, more than a billion people around the world must answer these questions. Portfolios of the Poor is the first book to systematically explain how the poor find solutions to their everyday financial problems. The authors conducted year-long interviews with impoverished villagers and slum dwellers in Bangladesh, India, and South Africa--records that track penny by penny how specific households manage their money. The stories of these families are often surprising and inspiring. Most poor households do not live hand to mouth, spending what they earn in a desperate bid to keep afloat. Instead, they employ financial tools, many linked to informal networks and family ties. They push money into savings for reserves, squeeze money out of creditors whenever possible, run sophisticated savings clubs, and use microfinancing wherever available. Their experiences reveal new methods to fight poverty and ways to envision the next generation of banks for the "bottom billion." Indispensable for those in development studies, economics, and microfinance, Portfolios of the Poor will appeal to anyone interested in knowing more about poverty and what can be done about it.
| Author | : Luigi Guiso |
| Publisher | : |
| Total Pages | : 31 |
| Release | : 2008 |
| Genre | : |
| ISBN | : |
This paper presents an overview of the main findings of an international project on Household Portfolios coordinated by the authors. Contributions to the project deal with the state of the art in analytical, computational, and econometric methods of analysis of household portfolio choice, identify stylized facts and trends observed in five major countries, and discuss issues relating to the portfolios of two important population groups, namely the elderly and the rich. In this paper, we integrate the main findings of the project, compare portfolio behavior across countries, and contrast theoretical predictions to empirical findings. This allows us to identify a number of stylized facts and portfolio puzzles that future theoretical and empirical research should attempt to analyze and resolve.
| Author | : Management Association, Information Resources |
| Publisher | : IGI Global |
| Total Pages | : 600 |
| Release | : 2020-12-05 |
| Genre | : Business & Economics |
| ISBN | : 1799881016 |
Developing personal financial skills and improving financial literacy are fundamental aspects for managing money and propelling a bright financial future. Considering life events and risks that unexpectantly present themselves, especially in the light of recent global events, there is often an uncertainty associated with financial standings in unsettled times. It is important to have personal finance management to prepare for times of crisis, and personal finance is something to be thought about in everyday life. The incorporation of financial literacy for individuals is essential for a decision-making process that could affect their financial future. Having a keen understanding of beneficial and detrimental financial decisions, a plan for personal finances, and personalized goals are baselines for money management that will create stability and prosperity. In a world that is rapidly digitalized, there are new tools and technologies that have entered the sphere of finance as well that should be integrated into the conversation. The latest methods and models for improving financial literacy along with critical information on budgeting, saving, and managing spending are essential topics in today’s world. The Research Anthology on Personal Finance and Improving Financial Literacy provides readers with the latest research and developments in how to improve, understand, and utilize personal finance methodologies or services and obtain critical financial literacy. The chapters within this essential reference work will cover personal finance technologies, banking, investing, budgeting, saving, and the best practices and techniques for optimal money management. This book is ideally designed for business managers, financial consultants, entrepreneurs, auditors, economists, accountants, academicians, researchers, and students seeking current research on modern advancements and recent findings in personal finance.
| Author | : Carol Cutkosky Bertaut |
| Publisher | : |
| Total Pages | : 47 |
| Release | : 2000 |
| Genre | : Households |
| ISBN | : |
| Author | : Whuei-wen Lai |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2003 |
| Genre | : |
| ISBN | : |
| Author | : Andrew W. Lo |
| Publisher | : Princeton University Press |
| Total Pages | : 414 |
| Release | : 2021-08-17 |
| Genre | : Business & Economics |
| ISBN | : 0691215200 |
Is there an ideal portfolio of investment assets, one that perfectly balances risk and reward? In Pursuit of the Perfect Portfolio examines this question by profiling and interviewing ten of the most prominent figures in the finance world,Jack Bogle, Charley Ellis, Gene Fama, Marty Liebowitz, Harry Markowitz, Bob Merton, Myron Scholes, Bill Sharpe, Bob Shiller, and Jeremy Siegel. We learn about the personal and intellectual journeys of these luminaries, which include six Nobel Laureates and a trailblazer in mutual funds, and their most innovative contributions. In the process, we come to understand how the science of modern investing came to be. Each of these finance greats discusses their idea of a perfect portfolio, offering invaluable insights to today's investor
| Author | : Loriana Pelizzon |
| Publisher | : |
| Total Pages | : 58 |
| Release | : 2003 |
| Genre | : Investments |
| ISBN | : |
| Author | : Whuei-wen Lai |
| Publisher | : |
| Total Pages | : |
| Release | : 2003 |
| Genre | : Portfolio management |
| ISBN | : |
Abstract: The theoretical mean-variance efficient portfolio model was modified to incorporate human wealth and net primary residence. Eight traded assets were selected to represent the set of risky assets available to the household investors: combined stock index, large stocks, small stocks, the average return series for individual stocks in the CRSP Decile 10 (smallest) stock portfolio to proxy business ownership, corporate bonds, long-term government bonds, intermediate government bonds, and Ibbotson AssociateŁŒs real estate return series. Treasury bill represents the risk-free rate in this study. Simulation programs were developed to identify the efficient portfolios by finding the portfolio weights in risky assets that result in the minimum-variance frontier for the total portfolio. The results of the simulation programs give the efficient asset allocations to different household investors with different human wealth ratios, net primary residence ratios, and planned investment horizons, once the diversification of investment portfolios are related to the perceived stability of future employment income. The simulation results show that when rational household investors have a high human wealth ratio (e.g., those with ages between 30 to 40 years old), and a long investment time horizon (e.g., 15 year before their retirement), their efficient frontier is a combination of intermediate government bond, real estate, large stocks, small stocks and business ownership. People with high risk aversion should invest in intermediate government bonds and real estate for a 15-year horizon. People with low risk aversion should invest in real estate, small stock funds, and business ownership for a 15-year horizon. People who have risk aversion between these two points should choose a combination in the order of intermediate government bonds, real estate, large stocks, small stocks, and business ownership. The efficient portfolios from the simulation results are compared to the current portfolios of U.S. households estimated from the 1998 Survey of Consumer Finances. In the formal efficiency test of householdsŁŒ current portfolios, about one-third of total households hold inefficient mean-variance portfolios, compared with the same characteristics as those used to produce the simulation results in this study.
| Author | : Luigi Guiso |
| Publisher | : |
| Total Pages | : 84 |
| Release | : 2000 |
| Genre | : Households |
| ISBN | : |
