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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Munoz, Sonia
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2006.
Cyfres:IMF Working Papers; Working Paper ; No. 2006/029
Mynediad Ar-lein:Full text available on IMF