Publications

Authors:

Brown, Sarah; Bucciol, Alessandro; Montagnoli, Alberto; Taylor, Karl

Title:

Financial Advice and Household Financial Portfolios

Year:

2024

Type of item:

Articolo in Rivista

Tipologia ANVUR:

Articolo su rivista

Language:

Inglese

Format:

Elettronico

Referee:

Sì

Name of journal:

Oxford Bulletin of Economics and Statistics

ISSN of journal:

0305-9049

Page numbers:

1-32

Keyword:

Financial Advice, Household Financial Portfolios, financial and real wealth

Short description of contents:

We explore the demand for financial advice and the role of such advice in shaping household financial portfolios. Since taking financial advice may not be randomly allocated among households, understanding the drivers behind receiving financial advice is important before exploring the role of financial advice in shaping the com- position of household portfolios. A number of specification tests are undertaken, including exploring the sensitivity of the results to selection as well matching estima- tion techniques. The analysis reveals that financial advice is inversely (positively) associated with the share of wealth held in real estate (bonds and stocks).

Product ID:

139167

Handle IRIS:

11562/1125309

Last Modified:

February 1, 2025

Bibliographic citation:

Brown, Sarah; Bucciol, Alessandro; Montagnoli, Alberto; Taylor, Karl, Financial Advice and Household Financial Portfolios «Oxford Bulletin of Economics and Statistics» , 2024 , pp. 1-32

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