We use the 529 college savings plan setting to investigate whether and why households make suboptimal choices to invest in local assets. We estimate that 67% of open accounts between 2010 and 2020 wer
This repository contains datasets for the study "Economic effects of the housing tenure decision". The Readme file contains more information about the respective datasets.
PSID part of the Replication data for Brunnermeier, Markus K., and Stefan Nagel. "Do wealth fluctuations generate time-varying risk aversion? Micro-evidence on individuals' asset allocation." </
Whether households smooth' consumption in response to predictable changes in income is an open and contentious question. This paper examines the consumption reaction to predictable increases in discre
Files include (1) a STATA DO file with the commands used to prepare the tables in the paper and (2) a fake dataset that the DO file uses. The original data are not included because they are confidenti