Construct · 1 fields · 1 citations

household investment mistakes: a standalone construct

One name. One construct. A landmark on the map.

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Household finance

measurable errors in household portfolios such as under-diversification, non-participation and inertia, and how much they cost households.

In household finance, household investment mistakes refers to measurable errors in household portfolios such as under-diversification, non-participation and inertia, and how much they cost households. This meaning comes from Calvet (2007) in Journal of Political Economy.[1]

Unit
Recovery means
Measured by

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Nearby constructs

cost4 fields · 4 citationsjingle · one word, four constructs household finance1 fields · 1 citationsanchor · a standalone construct inertia6 fields · 9 citationsjingle · one name, six constructs

References

Calvet, L. E., Campbell, J. Y., & Sodini, P. (2007). Down or Out: Assessing the Welfare Costs of Household Investment Mistakes. Journal of Political Economy, 115(5), 707-747. https://doi.org/10.1086/524204

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