CORDIS Project
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This research project investigates how households manage various financial risks, including employment and health risks. By combining theoretical models with empirical data, it aims to understand the impact of personal and market experiences on household financial decisions, such as savings and borrowing.
Households are exposed to a wide array of monetary and non-monetary risks: employment risk, financial risk, interest rate risk, and health and mortality risk, to name a few.
Society and policymakers can certainly help households manage risk, but to be effective, they need to understand the ways households cope with risk and how vulnerable they are to market and policy changes.
For instance, how do households react to bank defaults and market failures?
How personal do these experiences have to be…
COPENHAGEN BUSINESS SCHOOL
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