Return expectations and risk aversion heterogeneity in household portfolios

We develop a structural econometric model to elicit household-specific expectations about future financial asset returns and risk attitudes by using data on observed portfolio holdings and self-assessed willingness to bear financial risk. Our framework assumes that household portfolios are subject t...

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Bibliographic details
Volume: 40
Main Author: Bucciol, Alessandro
Miniaci, Raffaele
Pastorello, Sergio
Format: Journal Article
Language: English
Zielgruppe: Academic
Place of publication: AMSTERDAM Elsevier B.V 01.01.2017
ELSEVIER SCIENCE BV
published in: Journal of empirical finance Vol. 40; pp. 201 - 219
ORCID: 0000-0002-6072-3505
0000-0001-8163-7617
Data of publication: January 2017
ISSN: 0927-5398
1879-1727
EISSN: 1879-1727
Classification Codes:



Discipline: Economics
Mathematics
Business
Subjects:
C34
D14
G11
D81
Online Access: available in Bonn?
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2017
Web of Knowledge
Web of Science
CrossRef
Academic OneFile (A&I only)
OpenAIRE
OpenAIRE (Open Access)
Database information Databases - DBIS