Abstract
This entry presents recent work on portfolio behaviour of households and its possible departures from optimal behaviour. Topics include the role of household characteristics in influencing participation in stockholding and portfolio shares conditional on participation; portfolio implications of housing and housing debts; and portfolio coexistence of consumer debt, liquid assets and illiquid assets, with emphasis on credit card debt.
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Haliassos, M. (2018). Household Portfolios. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2098
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DOI: https://doi.org/10.1057/978-1-349-95189-5_2098
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