Sectoral balance sheet

• Macroeconomic Experiences and Risk Taking of Euro Area Households

  Staff Working Paper 2014-10 Miguel Ampudia, Michael Ehrmann

  This paper studies to what extent the experiences of households shape their willingness to take financial risks. It follows the methodology of Malmendier and Nagel (2011) and applies it to a novel data set on household finances covering euro area households.

  Content Type(s): Staff Research, Staff Working Papers Topic(s): Sectoral balance sheet JEL Code(s): D, D0, D03, D1, D14, D8, D83, G, G1, G11