Non tradeable human capital and household asset allocation
This thesis is comprised of two essays that investigate household consumption and portfolio choices in dynamic life cycle frameworks. In the first essay, I explain that stock market participation and stockholding are increasing in the level of education and financial wealth without relying on commo...
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Format: | Others |
Language: | English |
Published: |
University of British Columbia
2009
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Online Access: | http://hdl.handle.net/2429/12270 |