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...
| Tác giả chính: | |
|---|---|
| Định dạng: | Tạp chí |
| Ngôn ngữ: | English |
| Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2006.
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| Loạt: | IMF Working Papers; Working Paper ;
No. 2006/029 |
| Truy cập trực tuyến: | Full text available on IMF |