Habit Formation and Persistence in Individual Asset Portfolio Holdings : The Case of Italy /

This paper uses six waves of the Bank of Italy Survey of Households Income and Wealth to explore the dynamics of asset portfolio ownership. The household asset portfolio decision is a choice among discrete alternatives, and I model the problem in a multinomial framework. I focus on a particularly im...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Munoz, Sonia
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2006.
سلاسل:IMF Working Papers; Working Paper ; No. 2006/029
الوصول للمادة أونلاين:Full text available on IMF