This paper surveys the field of asset pricing. The emphasis is on the interplay between
theory and empirical work and on the trade‐off between risk and return. Modern research …

This article reviews the theories and literature in intrahousehold financial decisions, spousal
partners and financial decision making, family system and financial decision process …

The study of household finance is challenging because household behavior is difficult to
measure, and households face constraints not captured by textbook models. Evidence on …

This introductory, non-technical, text offers a reflective overview of what economics adds to
our understanding of entrepreneurship. It is designed primarily to showcase to young …

Household finance—the normative and positive study of how households use financial
markets to achieve their objectives—has gained a lot of attention over the past decade and …

This short volume originates in the need to provide a scientific foundation for the advice
offered by financial planners to long-term investors-individuals saving for retirement, or …

From the field's leading authority, the most authoritative and comprehensive advanced-level
textbook on asset pricing In Financial Decisions and Markets, John Campbell, one of the …

This article solves a realistically calibrated life cycle model of consumption and portfolio
choice with non-tradable labor income and borrowing constraints. Since labor income …

Using unique data on Canadian households, we show that financial advisors exert
substantial influence over their clients' asset allocation, but provide limited customization …

Using error‐free data on life‐cycle portfolio allocations of a large sample of Norwegian
households, we document a double adjustment as households age: a rebalancing of the …