Household Finance

Tax Incentives, Portfolio Choice, and Macroprudential Risks
We use a calibrated life-cycle portfolio choice model of homeowners, exposed to uninsurable income risk, to show that empirically …
Janosch Brenzel-Weiss, Winfried Koeniger, Arnau Valldares-Esteban
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The Role of Family Structure in the Evolution of Household Wealth in the US since the 1960s
In the US, married households have more net worth per working-age adult than single households. In the 1960s, the gap was associated …
Alina Bartscher, Winfried Koeniger, Benjamin Larin, Arnau Valladares-Esteban