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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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Muñoz, Sònia, 1970- (Autor)
Autor Corporativo: International Monetary Fund. African Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, African Dept., 2006.
Colección:IMF working paper ; WP/06/29.
Temas:
Acceso en línea:Texto completo