Browsing FAS Scholarly Articles by Keyword "household finance"
Now showing items 1-2 of 2
-
The Age of Reason: Financial Decisions over the Life-Cycle with Implications for Regulation
(Brookings Institution Press, 2009)Many consumers make poor financial choices and older adults are particularly vulnerable to such errors. About half of the population between ages 80 and 89 either has dementia or a medical diagnosis of “cognitive impairment ... -
Inattention and Inertia in Household Finance: Evidence from the Danish Mortgage Market
(Social Science Electronic Publishing, 2014)This paper studies the refinancing behavior of Danish households during a recent period of declining interest rates. Danish data are particularly suitable for this purpose because the Danish mortgage system imposes few ...