International Comparative Household Finance

Cristian Badarinza, John Y. Campbell, Tarun Ramadorai

NBER Working Paper No. 22066
Issued in March 2016
NBER Program(s):   AP

This paper reviews the literature on international comparative household finance. The paper presents summary statistics on household balance sheets for 13 developed countries, and uses these statistics to discuss common features and contrasts across countries. The paper then discusses retirement savings, investments in risky assets, unsecured debt, and mortgages.