Since its emergence in the 1980s, the subject of household finance has rapidly grown into a critical area of economic focus. Research, policy and practitioner interest has increased as household portfolios have become more complicated in response to financial innovation and new challenges in retirement financing. Whilst the earliest research was initially focussed on the limited tendency to hold stocks and diversify risk, recent work has developed into a broader exploration of the challenges posed by limited financial literacy, cognition, behavioural biases and cultural predispositions, and the ways to overcome them through financial education, advice, institutional reform and regulation. In this research review Professor Haliassos explores the most essential papers on the subject comprehensively.
About this Research Review
About Elgar Research Reviews
Elgar Research Reviews consist of two principal components: a scholarly Review Article and a list of Recommended Readings.
The Review Article prepared by a leading scholar introduces the relevant field of academic study by making reference to the seminal and most transformative articles within that field. This piece sets in context the readings that follow, illustrating how they have shaped the scholarship and why they are important to the development of the field. The Recommended Readings have full references to facilitate further research.
Using the reference links provided
If your library has provided their library link resolver location then we have included a hyperlink under each reference to allow you to search for the article in your library catalogue.
There is also a link to search for each reading in Google Scholar, providing you with an alternative route to find the article on the original publisher’s site and to help you identify similar papers.
Finding a print version of the recommended readings
A print edition of this resource, which also includes the full text of the Recommended Readings in their original layout is available as a three-volume print work, Household Finance, edited by Michael Haliassos (ISBN 978 1 78347 604 6). Use the Find This Book In Your Library button at the top of this page to see if it is available in your library. (The button only appears if your library has provided their link resolver details.)