Great to see our short buy now pay later (BNPL) paper published! 💳 🥳

Hope our open access publication helps generate LOTS of #BNPL research! #HouseholdFinance #EconTwitter

https://doi.org/10.1016/j.jbef.2023.100788

Households were most likely to receive intergenerational wealth transfers from their parents, with 70% of those who had received a transfer, inheriting, or being gifted it, from their parents.

https://www.cso.ie/en/releasesandpublications/ep/p-itw/intergenerationaltransferofwealth2020/?utm_source=Tw&utm_medium=Tw&utm_campaign=ITW
#CSOIreland #Ireland #Wealth #WealthTransfer #HouseholdFinance

More than a third of Irish households have received at least one inheritance or substantial gift at some point
https://www.cso.ie/en/releasesandpublications/ep/p-itw/intergenerationaltransferofwealth2020/?utm_source=Tw&utm_medium=Tw&utm_campaign=ITW
#CSOIreland #Ireland #Wealth #WealthTransfer #HouseholdFinance

Skewness expectations 📈 📉and portfolio choice

Main findings:
- individuals’ skewness expectations are highly heterogeneous
- respondents expect a higher variance and skewness for the individual stock compared to the index fund
- portfolio allocations increase with the skewness of respondents’ subjective return expectations for the respective asset

Out now at Experimental Economics: https://link.springer.com/article/10.1007/s10683-022-09780-9

@behavioralecon @economics #HouseholdFinance
#paper #econtooter

👋#EconTwitter We're running a panel session on using consumer credit bureau data at #AEA2023 #AFA2023 #ASSA2023 #HouseholdFinance

If you have questions about these please ask them anonymously via this form 👉https://forms.gle/MZPGsa1VeSZmQV766

We'll try to answer as many of your questions as possible during our panel. Thank you!🙏

Greed, selfishness, excessive gambling.

This is what many people associate with stockholders.

We show that these associations are a key reason why people do not invest in the stock market.

Joint work w/ Luca Henkel who is on the econ job market with the paper.

Thread👇 Paper 👉 https://luca-henkel.github.io/papers/Henkel_JMP.pdf

#econtwitter #paper @behavioralecon @experimentalecon @economics #householdfinance

Hi all--Registration is now open for the #CFPB’s 6th #Research #Conference. Through our conference, we seek to connect policymakers and researchers – from across a wide range of disciplines and approaches – on #ConsumerFinance and #HouseholdFinance topics. Join fellow researchers for this two-day event--Dec 15-16, 2022.

Conference registration: https://surveys.consumerfinance.gov/jfe/form/SV_aaRHtJHIq2hB8oe

preliminary agenda (with paper abstracts): https://www.consumerfinance.gov/data-research/cfpb-research-conference/2022-cfpb-research-conference/agenda/

#economics #finance #psychology #marketing #decisionscience