Les Cahiers de Recherche - HEC Paris
Down or out: assessing the welfare costs of household investment mistakes
(), John Y. Campbell and Paolo Sodini
Abstract: This paper investigates the efficiency of household
investment decisions in a unique dataset containing the disaggregated
wealth and income of the entire population of Sweeden.
Keywords: asset allocation; diversification; familiarity; participation; (follow links to similar papers)
JEL-Codes: D50; D90; E30; O10; (follow links to similar papers)
64 pages, January 1, 2006
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