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Author:Brunetti, M.
Torricelli, C.
Title:Population age structure and household portfolio choices in Italy
Journal:European Journal of Finance
2010 : JUL-SEP, VOL. 16:5-6, p. 481-502
Index terms:population
ageing
assets
household portfolios
surveys
data analysis
financial markets
Italy
Freeterms:age structure
choices
household income
Language:eng
Abstract:Based on the data taken by the Bank of Italy Survey of Household Income and Wealth over the period 1995-2006. The paper analyzes the average household portfolios in relation to age and net wealth (NW). It is found that age has affected financial choices of Italian households over the whole decade, but the portfolio age profile has significantly evolved over time with important differences across wealth quartiles.
SCIMA record nr: 272506
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